Document:

Form of Note

 EXHIBIT 4.1 
  
 THIS SECURITY IS A GLOBAL SECURITY AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES
REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IF (1) THE DEPOSITARY IS UNWILLING OR UNABLE TO CONTINUE AS DEPOSITARY OR (2) THE ISSUER IN ITS SOLE DISCRETION DETERMINES NOT TO HAVE THE SECURITIES REPRESENTED BY A
GLOBAL SECURITY. UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE
DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. 
  
 Unless this certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation (“DTC”), to the
Issuer or its agent for registration of transfer, exchange or payment, and any certificate issued is registered in the name of Cede & Co. or such other name as requested by an authorized representative of DTC (and any payment is made to Cede
& Co. or to such other entity as is required by an authorized representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL because the registered owner hereof, Cede & Co., has an
interest herein. 
  

	 	  	$200,000,000
		
	 No. 1
	  	CUSIP No. 224399AN5

  
 CRANE CO. 

 
 5.50% Note Due 2013 
  
 Crane Co., a Delaware corporation (the “Issuer”), for value
received, hereby promises to pay to Cede & Co. or registered assigns, at the office or agency of the Issuer in the Borough of Manhattan, The City of New York, the principal sum of $200,000,000 (Two Hundred Million Dollars) on September 15, 2013,
in such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts, and to pay interest, semiannually on March 15 and September 15 of each year, commencing March 15,
2004, on said principal sum at said office or agency, in 

 
like coin or currency, at the rate per annum specified in the title of this Note, from March 15 or September 15, as the case may be, next preceding the date
of this Note to which interest has been paid, unless the date hereof is a date to which interest has been paid, in which case from the date of this Note, or unless no interest has been paid on this Note, in which case from September 8, 2003, until
payment of said principal sum has been made or duly provided for; provided, that payment of interest may be made at the option of the Issuer by check mailed to the address of the person entitled thereto as such address shall appear on the
Security register. Notwithstanding the foregoing, if the date hereof is after the first day of March or September, as the case may be, and before the following March 15 or September 15, this Note shall bear interest from such March 15 or September
15; provided, that if the Issuer shall default in the payment of interest due on such March 15 or September 15, then this Note shall bear interest from the next preceding March 15 or September 15, to which interest has been paid or, if no
interest has been paid on this Note, from September 8, 2003. The interest so payable on any March 15 or September 15, will, subject to certain exceptions provided in the Indenture referred to on the reverse hereof, be paid to the person in whose
name this Note is registered at the close of business on the March 1 or September 1, as the case may be, next preceding such March 15 or September 15. 
  
 Reference is made to the further provisions of this Note set forth on the reverse hereof. Such further provisions shall for all purposes have the same
effect as though fully set forth at this place. 
  
 This Note
shall not be valid or become obligatory for any purpose until the certificate of authentication hereon shall have been signed by the Trustee under the Indenture referred to on the reverse hereof. 
  

 2 

 IN WITNESS WHEREOF, Crane Co. has caused this instrument to be signed in the original or by facsimile by
its duly authorized officers and has caused an original or a facsimile of its corporate seal to be affixed hereunto or imprinted hereon. 
  
 Dated: September 8, 2003 
  
 CRANE CO. 
  
 [SEAL] 
  

	           By:
	 	 /s/ George S. Scimone

	 	 	 Name: George S. Scimone

	 	 	 Title: Vice President,

 Finance and Chief Financial Officer

		
	           By:
	 	 /s/ Gil A. Dickoff

	 	 	 Name: Gil A. Dickoff

	 	 	 Title: Treasurer

  

 3 

 This is one of the Securities of the series designated herein referred to in the within-mentioned
Indenture. 
  
 Dated: September 8, 2003 
  

	 	 	 THE BANK OF NEW YORK, as Trustee

			
	 	 	 By:
	 	 /s/ Geovanni Barris

	 	 	 	 	 Authorized Signatory

  

 4 

 Crane Co. 
  
 5.50% Note Due 2013 
  
 This Note is one of a duly authorized issue of debentures, notes, bonds or other evidences of indebtedness of the Issuer (hereinafter called the
“Securities”) of the series hereinafter specified, all issued or to be issued under and pursuant to an indenture dated as of April 1, 1991 (herein called the “Indenture”), duly executed and delivered by the Issuer
to The Bank of New York, Trustee (herein called the “Trustee”), to which Indenture and all indentures supplemental thereto reference is hereby made for a description of the rights, limitations of rights, obligations, duties and
immunities thereunder of the Trustee, the Issuer and the holders of the Securities. The Securities may be issued in one or more series, which different series may be issued in various aggregate principal amounts, may mature at different times, may
bear interest (if any) at different rates, may be subject to different redemption provisions (if any), may be subject to different sinking, purchase or analogous funds (if any) and may otherwise vary as in the Indenture provided. This Note is one of
a series of Securities designated as the 5.50% Notes Due 2013 of the Issuer, initially limited in aggregate principal amount to $200,000,000 (the “Notes”). The Issuer may, without notice to or the consent of the Holders of the outstanding
Notes, issue additional Securities of the same tenor as the Notes so that such additional Securities and the outstanding Notes shall form a single series of Securities under the Indenture. 
  
 In case an Event of Default with respect to the 5.50% Notes Due 2013, as
defined in the Indenture, shall have occurred and be continuing, the principal hereof may be declared, and upon such declaration shall become, due and payable, in the manner, with the effect and subject to the conditions provided in the Indenture.

  
 The Indenture contains provisions permitting the Issuer and
the Trustee, with the consent of the holders of not less than 66 2/3% in aggregate principal amount of the
Securities at the time Outstanding (as defined in the Indenture) of all series to be affected (voting as one class), evidenced as in the Indenture provided, to execute supplemental indentures adding any provisions to or changing in any manner or
eliminating any of the provisions of the Indenture or of any supplemental indenture or modifying in any manner the rights of the holders of the Securities of each such series; provided, that no such supplemental indenture shall (i) extend the
final maturity of any Security, or reduce the principal amount thereof or any premium thereon, or reduce the rate or extend the time of payment of any interest thereon, or impair or affect the rights of any holder to institute suit for the payment
thereof, without the consent of the holder of each Security so affected, or (ii) reduce the aforesaid percentage of Securities, the holders of which are required to consent to any such supplemental indenture, without the consent of the holder of
each Security affected. It is also provided in the Indenture that, with respect to certain defaults or Events of Default regarding 
  

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the Securities of any series, prior to any declaration accelerating the maturity of such Securities, the holders of a majority in aggregate principal amount
Outstanding of the Securities of such series (or, in the case of certain defaults or Events of Default, all or certain series of the Securities) may on behalf of the holders of all the Securities of such series (or all or certain series of the
Securities, as the case may be) waive any such past default or Event of Default and its consequences. The preceding sentence shall not, however, apply to a default in the payment of the principal of or premium, if any, or interest on any of the
Securities. Any such consent or waiver by the holder of this Note (unless revoked as provided in the Indenture) shall be conclusive and binding upon such holder and upon all future holders and owners of this Note and any Notes which may be issued in
exchange or substitution herefor, irrespective of whether or not any notation thereof is made upon this Note or such other Notes. 
  
 No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Issuer, which is
absolute and unconditional, to pay the principal of and any premium and interest on this Note in the manner, at the respective times, at the rate and in the coin or currency herein prescribed. 
  
 The Notes are redeemable, in whole or in part, at the option of the Issuer at
any time at a redemption price equal to the greater of: 
  

	 	•	 	100% of the principal amount of the Notes to be redeemed, or 

  

	 	•	 	as determined by the Quotation Agent (as defined below), the sum of the present values of the remaining scheduled payments of principal and interest on the notes to be redeemed
(excluding interest accrued as of the date of redemption) discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined below) plus 15 basis points

  
 plus, in each case, accrued interest on the Notes to the date of
redemption. The provisions of Article Eleven of the Indenture shall apply to any redemption of the Notes. 
  
 “Comparable Treasury Issue” means the United States Treasury security selected by the Quotation Agent as having a maturity comparable to the
remaining term of the notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the
Notes. 
  
 “Comparable Treasury Price” means, with
respect to any redemption date, (1) the average of the Reference Treasury Dealer Quotations for such redemption date, after excluding the highest and lowest such Reference Treasury Dealer 
  

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Quotations, or (2) if the Trustee obtains fewer than three such Reference Treasury Dealer Quotations, the average of all such Reference Treasury Dealer
Quotations. 
  
 “Quotation Agent” means the Reference
Treasury Dealer appointed by the Issuer. 
  
 “Reference
Treasury Dealer” means each of J.P. Morgan Securities Inc. and UBS Securities LLC, and their respective successors, and three other nationally recognized investment banking firms that are primary U.S. government securities dealers in the United
States (a “Primary Treasury Dealer”) specified from time to time by the Issuer; provided, that if any Reference Treasury Dealer shall cease to be a Primary Treasury Dealer, the Issuer shall substitute another Primary Treasury
Dealer. 
  
 “Reference Treasury Dealer Quotations”
means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by the Issuer, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount)
quoted in writing to the Trustee by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third business day preceding such redemption date. 
  

“Treasury Rate” means, with respect to any redemption date, the rate per annum equal to the semi-annual equivalent yield to maturity of the
Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date. 
  
 Notice of any redemption will be mailed at least 30 days but not more than 60
days before the redemption date to each holder of the notes to be redeemed. Unless the Issuer defaults in payment of the redemption price, on and after the redemption date, interest will cease to accrue on the notes or portions thereof called for
redemption. 
  
 The Notes will not be entitled to the benefit of
any sinking fund. 
  
 The Notes are issuable in registered form
without coupons at the office or agency of the Issuer in the Borough of Manhattan, The City of New York, and in the manner and subject to the limitations provided in the Indenture, but without the payment of any service charge, Notes may be
exchanged for a like aggregate principal amount of Notes of other authorized denominations. 
  
 Upon due presentment for registration of transfer of this Note at the office or agency of the Issuer in the Borough of Manhattan, The City of New York, a new Note or Notes of authorized denominations for an equal
aggregate principal amount will be issued to the transferee in exchange therefor, subject to the 
  

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limitations provided in the Indenture, without charge except for any tax or other governmental charge imposed in connection therewith. 
  
 The Issuer, the Trustee and any authorized agent of the Issuer or the Trustee
may deem and treat the registered holder hereof as the absolute owner of this Note (whether or not this Note shall be overdue and notwithstanding any notation of ownership or other writing hereon), for the purpose of receiving payment of, or on
account of, the principal hereof and premium, if any, and subject to the provisions on the face hereof, interest hereon, and for all other purposes, and neither the Issuer nor the Trustee nor any authorized agent of the Issuer or the Trustee shall
be affected by any notice to the contrary. 
  
 No recourse under
or upon any obligation, covenant or agreement of the Issuer in the Indenture or any indenture supplemental thereto or in any Note, or because of the creation of any indebtedness represented thereby, shall be had against any incorporator,
stockholder, officer or director, as such, of the Issuer or of any successor corporation, either directly or through the Issuer or any successor corporation, under any rule of law, statute or constitutional provision or by the enforcement of any
assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance hereof and as part of the consideration for the issue hereof. 
  
 Terms used herein which are defined in the Indenture shall have the
respective meanings assigned thereto in the Indenture. 
  

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 FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto: 
  

  

 (Please print or type name, address, including zip code, and social security or other tax identifying number of assignee) 
  
 the within Note and all rights thereunder, hereby irrevocably constituting and appointing
such person attorney to transfer such Note on the books of the Issuer, with full power of substitution in the premises. 
  
 Signature:
                             
  
 Dated:                  
  
 NOTICE: The signature to this assignment must correspond with the name as written upon the
face of the within Note in every particular without alteration or enlargement or any change whatsoever. 
  

 R-5<PAGE>

                                  Exhibit 10.34

Your plan is an important legal document. This sample plan has been prepared
based on our understanding of the desired provisions. It may not fit your
situation. You should consult with your lawyer on the plan's legal and tax
implications. Neither Principal Life Insurance Company nor its agents can be
responsible for the legal or tax aspects of the plan nor its appropriateness for
your situation. If you wish to change the provisions of this sample plan, you
may ask us to prepare new sample wording for you and your lawyer to review.

<PAGE>

                             CASEY'S GENERAL STORES
                                   401(k) PLAN

                          Defined Contribution Plan 8.0

                             Restated April 30, 2003
                                TABLE OF CONTENTS

<PAGE>

INTRODUCTION

ARTICLE I       FORMAT AND DEFINITIONS

Section  1.01   Format
Section  1.02   Definitions

ARTICLE II      PARTICIPATION

Section  2.01   Active Participant
Section  2.02   Inactive Participant
Section  2.03   Cessation of Participation

ARTICLE III     CONTRIBUTIONS

Section  3.01   Employer Contributions
Section  3.01A  Rollover Contributions
Section  3.02   Forfeitures
Section  3.03   Allocation
Section  3.04   Contribution Limitation
Section  3.05   Excess Amounts
Section  3.06   Prohibited Allocations of Qualifying Employer Securities

ARTICLE IV      INVESTMENT OF CONTRIBUTIONS

Section  4.01   Investment and Timing of Contributions
Section  4.02   Investment in Qualifying Employer Securities

ARTICLE V       BENEFITS

Section  5.01   Retirement Benefits
Section  5.02   Death Benefits
Section  5.03   Vested Benefits
Section  5.04   When Benefits Start
Section  5.05   Withdrawal Benefits
Section  5.06   Loans to Participants
Section  5.07   Distributions Under Qualified Domestic Relations Orders

ARTICLE VI      DISTRIBUTION OF BENEFITS

Section  6.01   Automatic Forms of Distribution

<PAGE>

Section  6.02   Optional Forms of Distribution
Section  6.03   Election Procedures
Section  6.04   Notice Requirements
Section  6.05   Form of Distribution From ESOP Matching and Non-Matching
                Contribution Accounts
Section  6.06   Put Option

ARTICLE VII     DISTRIBUTION REQUIREMENTS

Section  7.01   Application
Section  7.02   Definitions
Section  7.03   Distribution Requirements

ARTICLE VIII    TERMINATION OF THE PLAN

ARTICLE IX      ADMINISTRATION OF THE PLAN

Section  9.01   Administration
Section  9.02   Expenses
Section  9.03   Records
Section  9.04   Information Available
Section  9.05   Claim and Appeal Procedures
Section  9.06   Delegation of Authority
Section  9.07   Exercise of Discretionary Authority
Section  9.08   Voting and Tender of Qualifying Employer Securities

ARTICLE X       GENERAL PROVISIONS

Section 10.01   Amendments
Section 10.02   Direct Rollovers
Section 10.03   Mergers and Direct Transfers
Section 10.04   Provisions Relating to the Insurer and Other Parties
Section 10.05   Employment Status
Section 10.06   Rights to Plan Assets
Section 10.07   Beneficiary
Section 10.08   Nonalienation of Benefits
Section 10.09   Construction
Section 10.10   Legal Actions
Section 10.11   Small Amounts
Section 10.12   Word Usage
Section 10.13   Change in Service Method

<PAGE>

Section 10.14   Military Service

ARTICLE XI      TOP-HEAVY PLAN REQUIREMENTS

Section 11.01   Application
Section 11.02   Definitions
Section 11.03   Modification of Vesting Requirements
Section 11.04   Modification of Contributions
Section 11.05   Modification of Contribution Limitation

PLAN EXECUTION

<PAGE>

                                  INTRODUCTION

     The Primary Employer previously established a 401(k) plan on January 1,
1990. The Primary Employer previously established a profit sharing plan on May
1, 1966 and converted that profit sharing plan to an employee stock ownership
plan effective as of May 1, 1981.

     The Primary Employer is of the opinion that the 401(k) plan and the
employee stock ownership plan should be merged. It believes that the best means
to accomplish this merger is to completely restate both plans' terms, provisions
and conditions. The restatement, effective April 30, 2003, is set forth in this
document and is substituted in lieu of the prior documents. Notwithstanding the
prior sentence, the Good Faith Compliance Amendment for the Economic Growth and
Tax Relief and Reconciliation Act of 2001 (EGTRRA) dated December 20, 2001
amending the Casey's General Stores 401(k) Plan shall continue to apply to this
document.

     Prior to the restatement, the employee stock ownership plan had a short
plan year from May 1, 2002 through April 29, 2003. Any contribution or
allocation of forfeitures for the plan year ending on April 29, 2003 were
governed under the terms of the prior plan document with statutory limitations
adjusted to reflect the short plan year as required by ERISA and the Code.

     The restated plan continues to be for the exclusive benefit of employees of
the Employer. All persons covered under either plan on April 30, 2003, shall
continue to be covered under the restated plan with no loss of benefits.

     It is intended that the merged plan, as restated, shall consists of two
components. One component is intended to qualify as a qualified stock bonus plan
under Code Section 401(a) and as an employee stock ownership plan under Code
Section 4975(e)(7). This component includes both contributions made under the
prior employee stock ownership plan and all matching contributions made in
company stock (including such matching contributions made under the 401(k) plan
prior to this restatement). The other component is intended to qualify as a
profit sharing plan under Code Section 401(a). The profit sharing component
includes a qualified cash or deferred arrangement under Code Section 401(k). The
profit sharing component provides for participant-directed investments and is
intended to comply with ERISA Section 404(c). The underlying Trust is intended
to be exempt from taxation under Code Section 501.

     The purpose of the Plan is to offer Participants a systematic program for

<PAGE>

accumulation of retirement and savings income, as well as a means to obtaining
beneficial interest of ownership in company stock. The ESOP component of the
Plan is intended to invest primarily (and may be exclusively invested) in common
stock of the Employer.

                                    ARTICLE I

                             FORMAT AND DEFINITIONS

SECTION 1.01--FORMAT.

     Words and phrases defined in the DEFINITIONS SECTION of Article I shall
have that defined meaning when used in this Plan, unless the context clearly
indicates otherwise.

     These words and phrases have an initial capital letter to aid in
identifying them as defined terms.

SECTION 1.02--DEFINITIONS.

     Account means, for a Participant, his share of the Plan Fund. Separate
accounting records are kept for those parts of his Account that result from:

     (a)  Elective Deferral Contributions

     (b)  ESOP Matching Contributions (other than cash dividends paid on
          Qualifying Employer Securities and initially reinvested in Qualifying
          Employer Securities at the election of the Participant)

     (c)  ESOP Non-Matching Contributions (other than cash dividends paid on
          Qualifying Employer Securities and initially reinvested in Qualifying
          Employer Securities at the election of the Participant)

     (d)  Other Employer Contributions

     (e)  Specified Minimum Employer Contributions

     (f)  Rollover Contributions

     (g)  Diversification Amounts

<PAGE>

     (h)  Cash dividends paid on shares of Qualifying Employer Securities
          credited to the account maintained to reflect ESOP Matching and ESOP
          Non-Matching (with a separate dividend source account for each such
          type of Contribution) that are initially reinvested in Qualifying
          Employer Securities at the election of the Participant

     If the Participant's Vesting Percentage is less than 100% as to any of the
Employer Contributions, a separate accounting record will be kept for any part
of his Account resulting from such Employer Contributions and, if there has been
a prior Forfeiture Date, from such Contributions made before a prior Forfeiture
Date.

     A Participant's Account shall be reduced by any distribution of his Vested
Account and by any Forfeitures. A Participant's Account shall participate in the
earnings credited, expenses charged, and any appreciation or depreciation of the
Investment Fund. His Account is subject to any minimum guarantees applicable
under the Annuity Contract or other investment arrangement and to any expenses
associated therewith.

     If a Participant makes a diversification election under Section 4.02(b),
such amount shall be credited to a Diversification Account, which is maintained
under the non-ESOP component of the Plan.

     Accounts and Subaccounts in addition to those specified above may also be
maintained if considered appropriate in the administration of the Plan.

     Accrual Computation Period means a consecutive 12-month period ending on
the last day of each Plan Year, including corresponding consecutive 12-month
periods before January 1, 1990.

     ACP Test means the nondiscrimination test described in Code Section
401(m)(2) as provided for in subparagraph (d) of the EXCESS AMOUNTS SECTION of
Article III.

     Active Participant means an Eligible Employee who is actively participating
in the Plan according to the provisions in the ACTIVE PARTICIPANT SECTION of
Article II.

     ADP Test means the nondiscrimination test described in Code Section
401(k)(3) as provided for in subparagraph (c) of the EXCESS AMOUNTS SECTION of
Article III.

     Affiliated Service Group means any group of corporations, partnerships or
other organizations of which the Employer is a part and which is affiliated
within the meaning of Code Section 414(m) and regulations thereunder. Such a
group includes at least two

<PAGE>

organizations one of which is either a service organization (that is, an
organization the principal business of which is performing services), or an
organization the principal business of which is performing management functions
on a regular and continuing basis. Such service is of a type historically
performed by employees. In the case of a management organization, the Affiliated
Service Group shall include organizations related, within the meaning of Code
Section 144(a)(3), to either the management organization or the organization for
which it performs management functions. The term Controlled Group, as it is used
in this Plan, shall include the term Affiliated Service Group.

     Alternate Payee means any spouse, former spouse, child, or other dependent
of a Participant who is recognized by a qualified domestic relations order as
having a right to receive all, or a portion of, the benefits payable under the
Plan with respect to such Participant.

     Annual Compensation means, for a Plan Year, the Employee's Compensation for
the Compensation Year ending with or within the consecutive 12-month period
ending on the last day of the Plan Year.

     Annuity Contract means the annuity contract or contracts into which the
Primary Employer enters with the Insurer for guaranteed benefits, for the
investment of Contributions in separate accounts, and for the payment of
benefits under this Plan. The term Annuity Contract as it is used in this Plan
shall include the plural unless the context clearly indicates the singular is
meant.

     Annuity Starting Date means, for a Participant, the first day of the first
period for which an amount is payable as an annuity or any other form.

     Beneficiary means the person or persons named by a Participant to receive
any benefits under the Plan when the Participant dies. See the BENEFICIARY
SECTION of Article X.

     Claimant means any person who makes a claim for benefits under this Plan.
See the CLAIM AND APPEAL PROCEDURES SECTION of Article IX.

     Code means the Internal Revenue Code of 1986, as amended.

     Compensation means, except for purposes of the CONTRIBUTION LIMITATION
SECTION of Article III and Article XI, the total earnings, except as modified in
this definition, paid or made available to an Employee by the Employer during
any specified period.

<PAGE>

     "Earnings" in this definition means wages within the meaning of Code
Section 3401(a) and all other payments of compensation to an Employee by the
Employer (in the course of the Employer's trade or business) for which the
Employer is required to furnish the Employee a written statement under Code
Sections 6041(d), 6051(a)(3), and 6052. Earnings must be determined without
regard to any rules under Code Section 3401(a) that limit the remuneration
included in wages based on the nature or location of the employment or the
services performed (such as the exception for agricultural labor in Code Section
3401(a)(2)). The amount reported in the "Wages, Tips and Other Compensation" box
on Form W-2 satisfies this definition.

     For any Self-employed Individual, Compensation means Earned Income.

     Compensation shall exclude reimbursements or other expense allowances,
fringe benefits (cash and noncash), moving expenses, deferred compensation
(other than elective contributions), and welfare benefits.

     Compensation shall also include elective contributions. For this purpose,
elective contributions are amounts contributed by the Employer pursuant to a
salary reduction agreement and which are not includible in the gross income of
the Employee under Code Section 125, 402(e)(3), 402(h)(1)(B), or 403(b).
Elective contributions also include compensation deferred under a Code Section
457 plan maintained by the Employer and employee contributions "picked up" by a
governmental entity and, pursuant to Code Section 414(h)(2), treated as Employer
contributions. For years beginning after December 31, 1997, elective
contributions shall also include amounts contributed by the Employer pursuant to
a salary reduction agreement and which are not includible in the gross income of
the Employee under Code Section 132(f)(4).

     For purposes of the EXCESS AMOUNTS SECTION of Article III, the Employer may
elect to use an alternative nondiscriminatory definition of Compensation in
accordance with the regulations under Code Section 414(s).

     For Plan Years beginning on or after January 1, 1994, the annual
Compensation of each Participant taken into account for determining all benefits
provided under the Plan for any determination period shall not exceed $150,000,
as adjusted for increases in the cost-of-living in accordance with Code Section
401(a)(17)(B). The cost-of-living adjustment in effect for a calendar year
applies to any determination period beginning in such calendar year.

     If a determination period consists of fewer than 12 months, the annual
limit is an amount equal to the otherwise applicable annual limit multiplied by
a fraction. The

<PAGE>

numerator of the fraction is the number of months in the short determination
period, and the denominator of the fraction is 12.

     If Compensation for any prior determination period is taken into account in
determining a Participant's contributions or benefits for the current Plan Year,
the Compensation for such prior determination period is subject to the
applicable annual compensation limit in effect for that determination period.
For this purpose, in determining contributions or benefits in Plan Years
beginning on or after January 1, 1994, the annual compensation limit in effect
for determination periods beginning before that date is $150,000.

     Compensation means, for a Leased Employee, Compensation for the services
the Leased Employee performs for the Employer, determined in the same manner as
the Compensation of Employees who are not Leased Employees, regardless of
whether such Compensation is received directly from the Employer or from the
leasing organization.

     Compensation Year means the consecutive 12-month period ending on the last
day of each Plan Year, including corresponding periods before January 1, 1990.

     Contingent Annuitant means an individual named by the Participant to
receive a lifetime benefit after the Participant's death in accordance with a
survivorship life annuity.

     Contributions means

          Elective Deferral Contributions
          ESOP Matching Contributions
          Matching Contributions
          Discretionary Contributions
          ESOP Non-Matching Contributions
          Specified Minimum Employer Contributions
          Rollover Contributions

     as set out in Article III, unless the context clearly indicates only
     specific contributions are meant.

     Controlled Group means any group of corporations, trades, or businesses of
which the Employer is a part that are under common control. A Controlled Group
includes any group of corporations, trades, or businesses, whether or not
incorporated, which is either a parent-subsidiary group, a brother-sister group,
or a combined group

<PAGE>

within the meaning of Code Section 414(b), Code Section 414(c) and regulations
thereunder and, for purposes of determining contribution limitations under the
CONTRIBUTION LIMITATION SECTION of Article III, as modified by Code Section
415(h) and, for the purpose of identifying Leased Employees, as modified by Code
Section 144(a)(3). The term Controlled Group, as it is used in this Plan, shall
include the term Affiliated Service Group and any other employer required to be
aggregated with the Employer under Code Section 414(o) and the regulations
thereunder.

     Direct Rollover means a payment by the Plan to the Eligible Retirement Plan
specified by the Distributee.
     Discretionary Contributions means discretionary contributions made by the
Employer to fund this Plan. See the EMPLOYER CONTRIBUTIONS SECTION of Article
III.

     Distributee means an Employee or former Employee. In addition, the
Employee's (or former Employee's) surviving spouse and the Employee's (or former
Employee's) spouse or former spouse who is the alternate payee under a qualified
domestic relations order, as defined in Code Section 414(p), are Distributees
with regard to the interest of the spouse or former spouse.

     Early Retirement Age means age 55.

     Early Retirement Date means the first day of any month before a
Participant's Normal Retirement Date which the Participant selects for the start
of his retirement benefits. This day may be on or after the date on which he
ceases to be an Employee and reaches Early Retirement Age. If a Participant
ceases to be an Employee before satisfying any age requirement for Early
Retirement Age, the Participant shall be entitled to elect an early retirement
benefit upon satisfying such age requirement.

     Earned Income means, for a Self-employed Individual, net earnings from
self-employment in the trade or business for which this Plan is established if
such Self-employed Individual's personal services are a material income
producing factor for that trade or business. Net earnings shall be determined
without regard to items not included in gross income and the deductions properly
allocable to or chargeable against such items. Net earnings shall be reduced for
the employer contributions to the Employer's qualified retirement plan(s) to the
extent deductible under Code Section 404.

     Net earnings shall be determined with regard to the deduction allowed to
the Employer by Code Section 164(f) for taxable years beginning after December
31, 1989.

     Elective Deferral Contributions means contributions made by the Employer to

<PAGE>

fund this Plan in accordance with elective deferral agreements between Eligible
Employees and the Employer.

     Elective deferral agreements shall be made, changed, or terminated
according to the provisions of the EMPLOYER CONTRIBUTIONS SECTION of Article
III.

     Elective Deferral Contributions shall be 100% vested and subject to the
distribution restrictions of Code Section 401(k) when made. See the WHEN
BENEFITS START SECTION of Article V.

     Eligibility Break in Service means an Eligibility Computation Period in
which an Employee is credited with 500 or fewer Hours-of-Service. An Employee
incurs an Eligibility Break in Service on the last day of an Eligibility
Computation Period in which he has an Eligibility Break in Service.

     Eligibility Computation Period means a consecutive 12-month period. The
first Eligibility Computation Period begins on an Employee's Employment
Commencement Date. Later Eligibility Computation Periods shall be consecutive
12-month periods ending on the last day of each Plan Year that begins after his
Employment Commencement Date.

     To determine an Eligibility Computation Period after an Eligibility Break
in Service, the Plan shall use the consecutive 12-month period beginning on an
Employee's Reemployment Commencement Date as if his Reemployment Commencement
Date were his Employment Commencement Date.

     Eligibility Service means one year of service for each Eligibility
Computation Period that has ended and in which an Employee is credited with at
least 1,000 Hours-of-Service.

     However Eligibility Services is modified as follows:

     Service before a date excluded:

          Service before January 1, 1989, is excluded for Employees of the
          franchise stores.

     Period of Military Duty included:

          A Period of Military Duty shall be included as service with the
          Employer to the extent it has not already been credited. For purposes
          of crediting

<PAGE>

          Hours-of-Service during the Period of Military Duty, an
          Hour-of-Service shall be credited (without regard to the 501
          Hour-of-Service limitation) for each hour an Employee would normally
          have been scheduled to work for the Employer during such period.

     Controlled Group service included:

          An Employee's service with a member firm of a Controlled Group while
          both that firm and the Employer were members of the Controlled Group
          shall be included as service with the Employer.

     Eligible Employee means any Employee of the Employer who meets the
following requirement. His employment classification with the Employer is the
following:

          Not an Employee who became an Employee as the result of a Code Section
          410(b)(6)(C) transaction. These Employees will be excluded during the
          period beginning on the date of the transaction and ending on the last
          day of the first Plan Year after the date of the transaction. A Code
          Section 410(b)(6)(C) transaction is an asset or stock acquisition,
          merger, or similar transaction involving a change in the employer of
          the employees of a trade or business.

     Eligible Retirement Plan means an individual retirement account described
in Code Section 408(a), an individual retirement annuity described in Code
Section 408(b), an annuity plan described in Code Section 403(a) or a qualified
trust described in Code Section 401(a), that accepts the Distributee's Eligible
Rollover Distribution. However, in the case of an Eligible Rollover Distribution
to the surviving spouse, an Eligible Retirement Plan is an individual retirement
account or individual retirement annuity.

     Eligible Rollover Distribution means any distribution of all or any portion
of the balance to the credit of the Distributee, except that an Eligible
Rollover Distribution does not include: (i) any distribution that is one of a
series of substantially equal periodic payments (not less frequently than
annually) made for the life (or life expectancy) of the Distributee or the joint
lives (or joint life expectancies) of the Distributee and the Distributee's
designated Beneficiary, or for a specified period of ten years or more; (ii) any
distribution to the extent such distribution is required under Code Section
401(a)(9); (iii) any hardship distribution described in Code Section
401(k)(2)(B)(i)(IV) received after December 31, 1998; (iv) the portion of any
other distribution(s) that is not includible in gross income (determined without
regard to the exclusion for net unrealized appreciation with respect to employer
securities); and (v) any other distribution(s) that is

<PAGE>

reasonably expected to total less than $200 during a year.

     Employee means an individual who is employed by the Employer or any other
employer required to be aggregated with the Employer under Code Sections 414(b),
(c), (m), or (o). A Controlled Group member is required to be aggregated with
the Employer.

     The term Employee shall include any Self-employed Individual treated as an
employee of any employer described in the preceding paragraph as provided in
Code Section 401(c)(1). The term Employee shall also include any Leased Employee
deemed to be an employee of any employer described in the preceding paragraph as
provided in Code Section 414(n) or (o).

     Employer means, except for purposes of the CONTRIBUTION LIMITATION SECTION
of Article III, the Primary Employer. This will also include any successor
corporation or firm of the Employer which shall, by written agreement, assume
the obligations of this Plan or any Predecessor Employer which maintained this
Plan.

     Employer Contributions means

          Elective Deferral Contributions
          ESOP Matching Contributions
          Matching Contributions
          Discretionary Contributions
          ESOP Non-Matching Contributions
          Specified Minimum Employer Contributions

     as set out in Article III and contributions made by the Employer to fund
this Plan in accordance with the provisions of the MODIFICATION OF CONTRIBUTIONS
SECTION of Article XI, unless the context clearly indicates only specific
contributions are meant.

     ESOP Matching Contributions means Matching Contributions contributed by the
Employer in the form of Qualifying Employer Securities or designated by the
Employer to be invested in Qualifying Employer Securities. See the EMPLOYER
CONTRIBUTIONS SECTION of Article III.

     ESOP Non-Matching Contributions means contributions made by the Employer or
a Controlled Group Member to repay any outstanding Exempt Loan, to provide a
discretionary contribution or for other purposes as described in the EMPLOYER
CONTRIBUTIONS SECTION of Article III.

<PAGE>

     Exempt Loan means a loan or other extension of credit to the Plan to enable
the Plan to acquire shares of Qualifying Employer Securities, or to refinance a
prior Exempt Loan.

     Employment Commencement Date means the date an Employee first performs an
Hour-of-Service.

     Entry Date means the date an Employee first enters the Plan as an Active
Participant. See the ACTIVE PARTICIPANT SECTION of Article II.

     ERISA means the Employee Retirement Income Security Act of 1974, as
amended.

     Fiscal Year means the Primary Employer's taxable year. The last day of the
Fiscal Year is April 30.

     Forfeiture means the part, if any, of a Participant's Account that is
forfeited. See the FORFEITURES SECTION of Article III.

     Forfeiture Date means, as to a Participant, the date the Participant incurs
five Vesting Breaks in Service.

     Highly Compensated Employee means any Employee who:

     (a)  was a 5-percent owner at any time during the year or the preceding
          year, or

     (b)  for the preceding year had compensation from the Employer in excess of
          $80,000 and, if the Employer so elects, was in the top-paid group for
          the preceding year. The $80,000 amount is adjusted at the same time
          and in the same manner as under Code Section 415(d), except that the
          base period is the calendar quarter ending September 30, 1996.

     For this purpose the applicable year of the plan for which a determination
is being made is called a determination year and the preceding 12-month period
is called a look-back year. If the Employer makes a calendar year data election,
the look-back year shall be the calendar year beginning with or within the
look-back year. The Plan may not use such election to determine whether
Employees are Highly Compensated Employees on account of being a 5-percent
owner.

     In determining who is a Highly Compensated Employee, the Employer does not
make a top-paid group election. In determining who is a Highly Compensated
Employee,

<PAGE>

the Employer does not make a calendar year data election.

     Calendar year data elections and top-paid group elections, once made, apply
for all subsequent years unless changed by the Employer. If the Employer makes
one election, the Employer is not required to make the other. If both elections
are made, the look-back year in determining the top-paid group must be the
calendar year beginning with or within the look-back year. These elections must
apply consistently to the determination years of all plans maintained by the
Employer which reference the highly compensated employee definition in Code
Section 414(q), except as provided in Internal Revenue Service Notice 97-45 (or
superseding guidance). The consistency requirement will not apply to
determination years beginning with or within the 1997 calendar year, and for
determination years beginning on or after January 1, 1998 and before January 1,
2000, satisfaction of the consistency requirement is determined without regard
to any nonretirement plans of the Employer.

     The determination of who is a highly compensated former Employee is based
on the rules applicable to determining Highly Compensated Employee status as in
effect for that determination year, in accordance with section 1.414(q)-1T, A-4
of the temporary Income Tax Regulations and Internal Revenue Service Notice
97-45.

<PAGE>

     In determining whether an Employee is a Highly Compensated Employee for
years beginning in 1997, the amendments to Code Section 414(q) stated above are
treated as having been in effect for years beginning in 1996.

     The determination of who is a Highly Compensated Employee, including the
determinations of the number and identity of Employees in the top-paid group,
the compensation that is considered, and the identity of the 5-percent owners,
shall be made in accordance with Code Section 414(q) and the regulations
thereunder.

     Hour-of-Service means the following:

     (a)  Each hour for which an Employee is paid, or entitled to payment, for
          performing duties for the Employer during the applicable computation
          period.

     (b)  Each hour for which an Employee is paid, or entitled to payment, by
          the Employer because of a period of time in which no duties are
          performed (irrespective of whether the employment relationship has
          terminated) due to vacation, holiday, illness, incapacity (including
          disability), layoff, jury duty, military duty or leave of absence.
          Notwithstanding the preceding provisions of this subparagraph (b), no
          credit will be given to the Employee:

          (1)  for more than 501 Hours-of-Service under this subparagraph (b)
               because of any single continuous period in which the Employee
               performs no duties (whether or not such period occurs in a single
               computation period); or

          (2)  for an Hour-of-Service for which the Employee is directly or
               indirectly paid, or entitled to payment, because of a period in
               which no duties are performed if such payment is made or due
               under a plan maintained solely for the purpose of complying with
               applicable worker's or workmen's compensation, or unemployment
               compensation, or disability insurance laws; or

          (3)  for an Hour-of-Service for a payment which solely reimburses the
               Employee for medical or medically related expenses incurred by
               him.

          For purposes of this subparagraph (b), a payment shall be deemed to be
          made by, or due from the Employer, regardless of whether such payment
          is

<PAGE>

          made by, or due from the Employer, directly or indirectly through,
          among others, a trust fund or insurer, to which the Employer
          contributes or pays premiums and regardless of whether contributions
          made or due to the trust fund, insurer or other entity are for the
          benefit of particular employees or are on behalf of a group of
          employees in the aggregate.

     (c)  Each hour for which back pay, irrespective of mitigation of damages,
          is either awarded or agreed to by the Employer. The same
          Hours-of-Service shall not be credited both under subparagraph (a) or
          subparagraph (b) above (as the case may be) and under this
          subparagraph (c). Crediting of Hours-of-Service for back pay awarded
          or agreed to with respect to periods described in subparagraph (b)
          above will be subject to the limitations set forth in that
          subparagraph.

     The crediting of Hours-of-Service above shall be applied under the rules of
paragraphs (b) and (c) of the Department of Labor Regulation 2530.200b-2
(including any interpretations or opinions implementing such rules); which
rules, by this reference, are specifically incorporated in full within this
Plan. The reference to paragraph (b) applies to the special rule for determining
hours of service for reasons other than the performance of duties such as
payments calculated (or not calculated) on the basis of units of time and the
rule against double credit. The reference to paragraph (c) applies to the
crediting of hours of service to computation periods.

     Hours-of-Service shall be credited for employment with any other employer
required to be aggregated with the Employer under Code Sections 414(b), (c),
(m), or (o) and the regulations thereunder for purposes of eligibility and
vesting. Hours-of-Service shall also be credited for any individual who is
considered an employee for purposes of this Plan pursuant to Code Section 414(n)
or (o) and the regulations thereunder.

     Solely for purposes of determining whether a one-year break in service has
occurred for eligibility or vesting purposes, during a Parental Absence an
Employee shall be credited with the Hours-of-Service which otherwise would
normally have been credited to the Employee but for such absence, or in any case
in which such hours cannot be determined, eight Hours-of-Service per day of such
absence. The Hours-of-Service credited under this paragraph shall be credited in
the computation period in which the absence begins if the crediting is necessary
to prevent a break in service in that period; or in all other cases, in the
following computation period.

     Inactive Participant means a former Active Participant who has an Account.
See the INACTIVE PARTICIPANT SECTION of Article II.

<PAGE>

     Insurer means Principal Life Insurance Company and any other insurance
company or companies named by the Trustee or Primary Employer.

     Investment Fund means the total of Plan assets, excluding the guaranteed
benefit policy portion of any Annuity Contract and excluding any Unallocated
Reserve. All or a portion of these assets may be held under the Trust Agreement.

     The Investment Fund shall be valued at current fair market value as of the
Valuation Date. The valuation shall take into consideration investment earnings
credited, expenses charged, payments made, and changes in the values of the
assets held in the Investment Fund.

     The Investment Fund shall be allocated at all times to Participants, except
as otherwise expressly provided in the Plan. The Account of a Participant shall
be credited with its share of the gains and losses of the Investment Fund. That
part of a Participant's Account invested in a funding arrangement which
establishes one or more accounts or investment vehicles for such Participant
thereunder shall be credited with the gain or loss from such accounts or
investment vehicles. The part of a Participant's Account which is invested in
other funding arrangements shall be credited with a proportionate share of the
gain or loss of such investments. The share shall be determined by multiplying
the gain or loss of the investment by the ratio of the part of the Participant's
Account invested in such funding arrangement to the total of the Investment Fund
invested in such funding arrangement.

     Investment Manager means any fiduciary (other than a trustee or Named
Fiduciary):

     (a)  who has the power to manage, acquire, or dispose of any assets of the
          Plan;

     (b)  who (i) is registered as an investment adviser under the Investment
          Advisers Act of 1940; (ii) is not registered as an investment adviser
          under such Act by reason of paragraph (1) of section 203A(a) of such
          Act, is registered as an investment adviser under the laws of the
          state (referred to in such paragraph (1)) in which it maintains its
          principal office and place of business, and, at the time it last filed
          the registration form most recently filed by it with such state in
          order to maintain its registration under the laws of such state, also
          filed a copy of such form with the Secretary of Labor, (iii) is a
          bank, as defined in that Act; or (iv) is an insurance company
          qualified to perform services described in subparagraph (a) above
          under the laws of more than one state; and

<PAGE>

     (c)  who has acknowledged in writing being a fiduciary with respect to the
          Plan.

     Late Retirement Date means the first day of any month which is after a
Participant's Normal Retirement Date and on which retirement benefits begin. If
a Participant continues to work for the Employer after his Normal Retirement
Date, his Late Retirement Date shall be the earliest first day of the month on
or after the date he ceases to be an Employee. An earlier or a later Retirement
Date may apply if the Participant so elects. An earlier Retirement Date may
apply if the Participant is age 70 1/2. See the WHEN BENEFITS START SECTION of
Article V.

     Leased Employee means any person (other than an employee of the recipient)
who, pursuant to an agreement between the recipient and any other person
("leasing organization"), has performed services for the recipient (or for the
recipient and related persons determined in accordance with Code Section
414(n)(6)) on a substantially full time basis for a period of at least one year,
and such services are performed under primary direction or control by the
recipient. Contributions or benefits provided by the leasing organization to a
Leased Employee, which are attributable to service performed for the recipient
employer, shall be treated as provided by the recipient employer.

     A Leased Employee shall not be considered an employee of the recipient if:

     (a)  such employee is covered by a money purchase pension plan providing
          (i) a nonintegrated employer contribution rate of at least 10 percent
          of compensation, as defined in Code Section 415(c)(3), but for years
          beginning before January 1, 1998, including amounts contributed
          pursuant to a salary reduction agreement which are excludible from the
          employee's gross income under Code Sections 125, 402(e)(3),
          402(h)(1)(B), or 403(b), (ii) immediate participation, and (iii) full
          and immediate vesting, and

     (b)  Leased Employees do not constitute more than 20 percent of the
          recipient's nonhighly compensated work force.

     Loan Administrator means the person(s) or position(s) authorized to
administer the Participant loan program.

     The Loan Administrator is Corporate Secretary with ministerial duties
delegated to the Payroll Manager.

     Matching Contributions means contributions made by the Employer to fund
this Plan which are contingent on a Participant's Elective Deferral
Contributions. See the

<PAGE>

EMPLOYER CONTRIBUTIONS SECTION of Article III.

     Monthly Date means each Yearly Date and the last day of each following
month during the Plan Year beginning on such Yearly Date.

     Named Fiduciary means the person or persons who have authority to control
and manage the operation and administration of the Plan.

     The Named Fiduciary is the Employer.

     Nonhighly Compensated Employee means an Employee of the Employer who is not
a Highly Compensated Employee.

     Nonvested Account means the excess, if any, of a Participant's Account over
his Vested Account.

     Normal Form means a single life annuity with installment refund.

     Normal Retirement Age means the age at which the Participant's normal
retirement benefit becomes nonforfeitable if he is an Employee. A Participant's
Normal Retirement Age is 62.

     Normal Retirement Date means the earliest first day of the month on or
after the date the Participant reaches his Normal Retirement Age. Unless
otherwise provided in this Plan, a Participant's retirement benefits shall begin
on a Participant's Normal Retirement Date if he has ceased to be an Employee on
such date and has a Vested Account. Even if the Participant is an Employee on
his Normal Retirement Date, he may choose to have his retirement benefit begin
on such date. See the WHEN BENEFITS START SECTION of Article V.

     Owner-employee means a Self-employed Individual who, in the case of a sole
proprietorship, owns the entire interest in the unincorporated trade or business
for which this Plan is established. If this Plan is established for a
partnership, an Owner-employee means a Self-employed Individual who owns more
than 10 percent of either the capital interest or profits interest in such
partnership.

     Parental Absence means an Employee's absence from work:

     (a)  by reason of pregnancy of the Employee,

     (b)  by reason of birth of a child of the Employee,

<PAGE>

     (c)  by reason of the placement of a child with the Employee in connection
          with adoption of such child by such Employee, or

     (d)  for purposes of caring for such child for a period beginning
          immediately following such birth or placement.

     Participant means either an Active Participant or an Inactive Participant.

     Period of Military Duty means, for an Employee

     (a)  who served as a member of the armed forces of the United States, and

     (b)  who was re-employed by the Employer at a time when the Employee had a
          right to re-employment in accordance with seniority rights as
          protected under Chapter 43 of Title 38 of the U. S. Code,

     the period of time from the date the Employee was first absent from active
work for the Employer because of such military duty to the date the Employee was
reemployed.

     Plan means the retirement and savings plan of the Employer set forth in
this document, including any later amendments to it. The portion of the Plan
that consists of the Qualifying Employer Securities Fund is a stock bonus and
employee stock ownership plan within the meaning of Code Section 4975(e)(7). The
remaining portion of the Plan is a profit sharing plan with a qualified cash or
deferred arrangement under Code Section 401(k).

     Plan Administrator means the person or persons who administer the Plan.

     The Plan Administrator is the Employer.

     Plan Fund means the total of the Investment Fund and the guaranteed benefit
policy portion of any Annuity Contract and any Unallocated Reserve. The
Investment Fund shall be valued as stated in its definition. The guaranteed
benefit policy portion of any Annuity Contract shall be determined in accordance
with the terms of the Annuity Contract and, to the extent that such Annuity
Contract allocates contract values to Participants, allocated to Participants in
accordance with its terms. The total value of all amounts held under the Plan
Fund, less amounts held in any Unallocated Reserve or reflected in a Forfeiture
Account, shall equal the value of the aggregate Participants'

<PAGE>

Accounts under the Plan.

     Plan Year means a period beginning on a Yearly Date and ending on the day
before the next Yearly Date.

     Predecessor Employer means a firm of which the Employer was once a part
(e.g., due to a spinoff or change of corporate status) or a firm absorbed by the
Employer because of a merger or acquisition (stock or asset, including a
division or an operation of such company).
     Primary Employer means Casey's General Stores, Inc..

     Qualified Joint and Survivor Annuity means, for a Participant who has a
spouse, an immediate survivorship life annuity with installment refund, where
the survivorship percentage is 50% and the Contingent Annuitant is the
Participant's spouse. A former spouse will be treated as the spouse to the
extent provided under a qualified domestic relations order as described in Code
Section 414(p).

     The amount of benefit payable under the Qualified Joint and Survivor
Annuity shall be the amount of benefit which may be provided by the
Participant's Vested Account.

     Qualified Preretirement Survivor Annuity means a single life annuity with
installment refund payable to the surviving spouse of a Participant who dies
before his Annuity Starting Date. A former spouse will be treated as the
surviving spouse to the extent provided under a qualified domestic relations
order as described in Code Section 414(p).

     Qualifying Employer Securities means any security which is issued by the
Employer or any Controlled Group member and which meets the requirements of Code
Section 409(l) and ERISA Section 407(d)(5). This shall also include any
securities that satisfied the requirements of the definition when these
securities were assigned to the Plan.

     Qualifying Employer Securities Fund means that part of the assets of the
Trust Fund that are designated to be held primarily or exclusively in Qualifying
Employer Securities for the purpose of providing benefits for Participants.

     Reemployment Commencement Date means the date an Employee first performs an
Hour-of-Service following an Eligibility Break in Service.

     Reentry Date means the date a former Active Participant reenters the Plan.
See

<PAGE>

the ACTIVE PARTICIPANT SECTION of Article II.

     Retirement Date means the date a retirement benefit will begin and is a
Participant's Early, Normal, or Late Retirement Date, as the case may be.

     Rollover Contributions means the Rollover Contributions which are made by
an Eligible Employee or an Inactive Participant according to the provisions of
the ROLLOVER CONTRIBUTIONS SECTION of Article III.

     Self-employed Individual means, with respect to any Fiscal Year, an
individual who has Earned Income for the Fiscal Year (or who would have Earned
Income but for the fact the trade or business for which this Plan is established
did not have net profits for such Fiscal Year).
     Semi-yearly Date means each Yearly Date and the sixth Monthly Date after
each Yearly Date which is within the same Plan Year.

     Specified Minimum Employer Contributions means an amount contributed by the
Employer to the Trust pursuant to Section 3.01(d) of the Plan.

     Totally and Permanently Disabled means that a Participant is disabled, as a
result of sickness or injury, to the extent that he is prevented from engaging
in any substantial gainful activity, and is eligible for and receives a
disability benefit under Title II of the Federal Social Security Act.

     Trust Agreement means an agreement of trust between the Primary Employer
and Trustee established for the purpose of holding and distributing the Trust
Fund under the provisions of the Plan. The Trust Agreement may provide for the
investment of all or any portion of the Trust Fund in the Annuity Contract.

     Trust Fund means the total funds held under the Trust Agreement.

     Trustee means the party or parties named in the Trust Agreement. The term
Trustee as it is used in this Plan is deemed to include the plural unless the
context clearly indicates the singular is meant.

     Unallocated Reserve means the portion of the Trust Fund that consists of
the proceeds of an Exempt Loan, the shares of Qualifying Employer Securities
that were acquired with the proceeds of an Exempt Loan and that have not yet
been allocated to Participant Accounts, the dividends and other investment
earnings on the assets held in the Unallocated Reserve, and the proceeds from
any sale of shares of Qualifying Employer Securities held in the Unallocated
Reserve.

<PAGE>

     Valuation Date means the date on which the value of the assets of the
Investment Fund is determined. The value of each Account which is maintained
under this Plan shall be determined on the Valuation Date. In each Plan Year,
the Valuation Date shall be the last day of the Plan Year. At the discretion of
the Plan Administrator, Trustee, or Insurer (whichever applies), assets of the
Investment Fund may be valued more frequently. These dates shall also be
Valuation Dates.

     Vested Account means the vested part of a Participant's Account. The
Participant's Vested Account is determined as follows.

     If the Participant's Vesting Percentage is 100%, his Vested Account equals
his Account.

     If the Participant's Vesting Percentage is less than 100%, his Vested
Account equals the sum of (a), (b) and (c) below:

     (a)  The part of the Participant's Account that results from Employer
          Contributions made before a prior Forfeiture Date and all other
          Contributions which were 100% vested when made.

     (b)  The part of the Participant's Account that results from cash dividends
          paid on shares of Qualifying Employer Securities credited to the
          source account for ESOP Matching or ESOP Non-Matching Contributions
          that are initially reinvested in Qualifying Employer Securities at the
          election of the Participant.

     (c)  The balance of the Participant's Account in excess of the amount in
          (a) above multiplied by his Vesting Percentage.

     The Participant's Vested Account is nonforfeitable.

     Vesting Break in Service means a Vesting Computation Period in which an
Employee is credited with 500 or fewer Hours-of-Service. An Employee incurs a
Vesting Break in Service on the last day of a Vesting Computation Period in
which he has a Vesting Break in Service.

     Vesting Computation Period means a consecutive 12-month period ending on
the last day of each Plan Year, including corresponding consecutive 12-month
periods before January 1, 1990.

<PAGE>

     Vesting Percentage means the percentage used to determine the
nonforfeitable portion of a Participant's Account attributable to Employer
Contributions which were not 100% vested when made.

     A Participant's Vesting Percentage for Employer Contributions other than
ESOP Non-Matching Contributions is shown in the following schedule opposite the
number of whole years of his Vesting Service.

     VESTING SERVICE                      VESTING
     (whole years)                     PERCENTAGE

     Less than 1                              0
     1                                        10
     2                                        20
     3                                        40
     4                                        60
     5                                        80
     6 or more                                100

     A Participant's Vesting Percentage for ESOP Non-Matching Contributions is
shown in the following schedule opposite the number of whole years of his
Vesting Service.

     VESTING SERVICE                      VESTING
     (whole years)                     PERCENTAGE

     Less than 5                              0
     5 or more                                100

     The Vesting Percentage for a Participant who is an Employee on or after the
date he reaches Normal Retirement Age or Early Retirement Age shall be 100%. The
Vesting Percentage for a Participant who is an Employee on the date he becomes
Totally and Permanently Disabled or dies shall be 100%.

     If the schedule used to determine a Participant's Vesting Percentage is
changed, the new schedule shall not apply to a Participant unless he is credited
with an Hour-of-Service on or after the date of the change and the Participant's
nonforfeitable percentage on the day before the date of the change is not
reduced under this Plan. The amendment provisions of the AMENDMENTS SECTION of
Article X regarding changes in the computation of the Vesting Percentage shall
apply.

<PAGE>

     Vesting Service means the sum of (a) and (b) below:

     (a)  The total of an Employee's service with the Employer before January 1,
          1990. This total is expressed in whole years and fractional parts of a
          year (counting a partial month as a complete month).

     (b)  One year of service for each Vesting Computation Period ending on or
          after January 1, 1990, in which an Employee is credited with at least
          1,000 Hours-of-Service.

     However, Vesting Service is modified as follows:

     Service before a date excluded:

          Service before January 1, 1989, is excluded for Employees of the
          franchise stores.

     Period of Military Duty included:

          A Period of Military Duty shall be included as service with the
          Employer to the extent it has not already been credited. For purposes
          of crediting Hours-of-Service during the Period of Military Duty, an
          Hour-of-Service shall be credited (without regard to the 501
          Hour-of-Service limitation) for each hour an Employee would normally
          have been scheduled to work for the Employer during such period.

     Controlled Group service included:

          An Employee's service with a member firm of a Controlled Group while
          both that firm and the Employer were members of the Controlled Group
          shall be included as service with the Employer.

     Yearly Date means January 1, 1990, and each following May 1 through May 1,
1999, and each following April 30.

     Years of Service means an Employee's Vesting Service disregarding any
modifications which exclude service.

                                   ARTICLE II

PARTICIPATION

<PAGE>

SECTION 2.01--ACTIVE PARTICIPANT.

     (a)  An Employee shall first become an Active Participant (begin active
          participation in the Plan) on the earliest Semi-yearly Date on which
          he is an Eligible Employee and has met both of the eligibility
          requirements set forth below. This date is his Entry Date.

          (1)  He has completed one year of Eligibility Service before his Entry
               Date.

          (2)  He is age 21 or older.

          Each Employee who was an Active Participant under the Plan on April
          29, 2003, shall continue to be an Active Participant if he is still an
          Eligible Employee on April 30, 2003, and his Entry Date shall not
          change.

          If a person has been an Eligible Employee who has met all of the
          eligibility requirements above, but is not an Eligible Employee on the
          date which would have been his Entry Date, he shall become an Active
          Participant on the date he again becomes an Eligible Employee. This
          date is his Entry Date.

          In the event an Employee who is not an Eligible Employee becomes an
          Eligible Employee, such Eligible Employee shall become an Active
          Participant immediately if such Eligible Employee has satisfied the
          eligibility requirements above and would have otherwise previously
          become an Active Participant had he met the definition of Eligible
          Employee. This date is his Entry Date.

     (b)  An Inactive Participant shall again become an Active Participant
          (resume active participation in the Plan) on the date he again
          performs an Hour-of-Service as an Eligible Employee. This date is his
          Reentry Date.

          Upon again becoming an Active Participant, he shall cease to be an
          Inactive Participant.

     (c)  A former Participant shall again become an Active Participant (resume
          active participation in the Plan) on the date he again performs an
          Hour-of-Service as an Eligible Employee. This date is his Reentry
          Date.

<PAGE>

     There shall be no duplication of benefits for a Participant under this Plan
because of more than one period as an Active Participant.

SECTION 2.02--INACTIVE PARTICIPANT.

     An Active Participant shall become an Inactive Participant (stop accruing
benefits under the Plan) on the earlier of the following:

     (a)  the date the Participant ceases to be an Eligible Employee, or

     (b)  the effective date of complete termination of the Plan under Article
          VIII.

     An Employee or former Employee who was an Inactive Participant under the
Plan on April 30, 1997, shall continue to be an Inactive Participant on May 1,
1997. Eligibility for any benefits payable to the Participant or on his behalf
and the amount of the benefits shall be determined according to the provisions
of the prior document, unless otherwise stated in this document.

SECTION 2.03--CESSATION OF PARTICIPATION.

     A Participant shall cease to be a Participant on the date he is no longer
an Eligible Employee and his Account is zero.

<PAGE>

                                   ARTICLE III

CONTRIBUTIONS

SECTION 3.01--EMPLOYER CONTRIBUTIONS.

     Employer Contributions shall be made without regard to current or
accumulated net income, earnings or profits of the Employer. Notwithstanding the
foregoing, the Plan shall continue to be designed to qualify as a profit sharing
plan for purposes of Code Sections 401(a), 402, 412, and 417; except that, the
portion of the Plan that consists of the Qualifying Employer Securities Fund is
designed to qualify as a stock bonus plan and employee stock ownership plan
under Code Section 4975(e)(7). Employer Contributions shall be equal to the
amount described below:

     (a)  The amount of each Elective Deferral Contribution for a Participant
          shall be equal to a portion of Compensation as specified in the
          elective deferral agreement. An Employee who is eligible to
          participate in the Plan may file an elective deferral agreement with
          the Employer. The Participant shall modify or terminate the elective
          deferral agreement by filing a new elective deferral agreement. The
          elective deferral agreement may not be made retroactively and shall
          remain in effect until modified or terminated.

          The elective deferral agreement to start or modify Elective Deferral
          Contributions shall be effective on the first day of the first pay
          period following the pay period in which the Participant's Entry Date
          (Reentry Date, if applicable) or any following date occurs. The
          elective deferral agreement must be entered into on or before the date
          it is effective.

          The elective deferral agreement to stop Elective Deferral
          Contributions may be entered into on any date. Such elective deferral
          agreement shall be effective on the first day of the pay period
          following the pay period in which the elective deferral agreement is
          entered into.

          Elective Deferral Contributions cannot be more than 15% of
          Compensation for the pay period.

          Elective Deferral Contributions are fully (100%) vested and
          nonforfeitable.

     (b)  The Employer shall make Matching Contributions in an amount equal to
          100% of Elective Deferral Contributions. Elective Deferral
          Contributions

<PAGE>

          which are over 4% of Compensation won't be matched. Matching
          Contributions are calculated based on Elective Deferral Contributions
          and Compensation for the pay period. Matching Contributions are made
          for all persons who were Active Participants at any time during that
          pay period. Matching Contributions may be made in the form of
          Qualifying Employer Securities or the Employer may designate that
          Matching Contributions are to be invested in Qualifying Employer
          Securities. Such Matching Contributions shall be referred to as ESOP
          Matching Contributions and shall be part of the ESOP component of the
          Plan.

          Matching Contributions and ESOP Matching Contributions are subject to
          the Vesting Percentage. However, the separate account maintained to
          reflect the cash dividends paid on shares of Qualifying Employer
          Securities attributable to Matching Contributions (and earnings
          thereon) that are initially reinvested in Qualifying Employer
          Securities under the Plan at the election of the Participant is fully
          (100%) vested and nonforfeitable.

     (c)  Discretionary Contributions may be made for each Plan Year in an
          amount determined by the Employer.

          Discretionary Contributions are subject to the Vesting Percentage.

     (d)  ESOP Non-Matching Contributions will be made for each Plan Year for
          which a payment is due on an Exempt Loan. The amount of the ESOP
          Non-Matching Contribution for the Plan Year will be determined at the
          sole discretion of the Primary Employer, but will not be less than the
          minimum amount sufficient to enable the Trustee to make the payment
          due on the Exempt Loan to the extent that such payment cannot be
          satisfied from cash dividends paid on shares of Qualifying Employer
          Securities held in the ESOP Non-Matching Accounts (if the Primary
          Employer directs that such dividends be applied to the Exempt Loan),
          or cash dividends paid on shares of Qualifying Employer Securities
          held in the Unallocated Reserve or other investment earnings of the
          Unallocated Reserve.

          Additional ESOP Non-Matching Contributions may be made for each Plan
          Year in an amount determined by the Employer.

          ESOP Non-Matching Contributions are subject to the Vesting Percentage.
          However, the separate account maintained to reflect the cash dividends
          paid on shares of Qualifying Employer Securities attributable to ESOP
          Non-

<PAGE>

          Matching Contributions (and earnings thereon) that are initially
          reinvested in Qualifying Employer Securities under the Plan at the
          election of the Participant is fully (100%) vested and nonforfeitable.
     (e)  The Employer, in its sole discretion, may contribute an amount, for
          any Plan Year, which it designates as a Specified Minimum Employer
          Contribution. Notwithstanding any provision of the Plan to the
          contrary, the following provisions shall govern the treatment of
          Specified Minimum Employer Contributions.

          (1)  Frequency. For each Plan Year, the Employer shall make a
               Specified Minimum Employer Contribution, as described in the
               following allocation method, on behalf of each individual who is
               both an Employee and a Participant on the first day of the Plan
               Year (a "SMEC Participant"). The Specified Minimum Employer
               Contribution for each Plan Year shall be in an amount determined
               by the Board of Directors by appropriate resolution on or before
               the last day of the Employer's taxable year that ends within such
               Plan Year.

          (2)  Allocation Method. Any Specified Minimum Employer Contribution
               made by the Employer pursuant to this Section 3.01(e) shall be
               allocated to the SMEC Participants as follows:

               (i)   The Specified Minimum Employer Contribution shall be
                     allocated to the payment of Elective Deferral Contributions
                     and Matching Contributions to be made to SMEC Participants'
                     accounts pursuant to Section 3.03 of the Plan.

               (ii)  Second, the balance, if any, of the Specified Minimum
                     Employer Contribution remaining after the allocation next
                     above shall be allocated as to the payment of Matching
                     Contribution, if any, on the last day of the Plan Year to
                     the Account of each SMEC Participant who is not also a
                     Highly Compensated Employee, in the ratio that each such
                     SMEC Participant's Elective Deferral Contributions during
                     the Plan Year bears to the Elective Deferral Contributions
                     of all such SMEC Participants during the Plan Year.

          (3)  Notwithstanding anything to the contrary contained herein, the
               following limitations shall apply to any Specified Minimum
               Employer Contribution made pursuant to this Section of the Plan:

<PAGE>

               (i)   The Plan Administrator shall reduce the proportionate
                     allocation of the Specified Minimum Employer Contribution
                     under this section to Highly Compensated Employees to the
                     extent necessary to comply with the provisions of this Plan
                     and the Code, include Code Section 401(a)(4) and the
                     regulations thereunder.

               (ii)  Any payment/allocation of Elective Deferral Contributions
                     to a SMEC Participant's Account shall be made under either
                     Section 3.03 or this Section, as appropriate, but not both
                     sections.

               (iii) The Specified Minimum Employer Contribution allocated as a
                     Matching Contribution to a SMEC Participant's account
                     pursuant to this Section of the Plan, shall be treated in
                     the same manner as Matching Contributions for all purposes
                     under the Plan.

               (iv)  A Participant's allocation determined under this Section
                     may be subject to an adjustment as may be necessary to
                     prevent Contributions made by or on behalf of a Participant
                     for a Plan Year to exceed the maximum allowable under Code
                     Section 415, or any other provision of the Code or this
                     Plan.

          (4)  Timing, Medium and Posting. The employer shall make the Specified
               Minimum Employer Contribution in cash, in one or more
               installments without interest, at any time during the Plan Year,
               and for purposes of deducting such Contribution, not later than
               the Employer's federal tax filing date, including extensions, for
               its taxable year that ends within such Plan Year. The Trustee
               shall post such amount to each Participant's account as Elective
               Deferral Contributions or Matching Contributions once the
               allocations under this Section of the Plan as provided above are
               determined.

               The Specified Minimum Employer Contribution shall be held in a
               suspense account until posted. Such suspense account shall not
               participate in the allocation of investment gains, losses, income
               and deductions of the Trust as a whole, but shall be invested
               separately and all gains, losses, income and deductions
               attributable to such investment shall be applied to reduce Plan
               fees and expenses and, thereafter, to reduce Employer
               contributions.

<PAGE>

          (5)  Deduction Limitation. In no event shall the Specified Minimum
               Employer Contribution, when aggregated with other Employer
               contributions for the Employer's taxable year that ends within
               such Plan Year, exceed the amount deductible by the Employer for
               federal income tax purposes for such taxable year.

     No Participant shall be permitted to have Elective Deferral Contributions,
as defined in the EXCESS AMOUNTS SECTION of this article, made under this Plan,
or any other qualified plan maintained by the Employer, during any taxable year,
in excess of the dollar limitation contained in Code Section 402(g) in effect at
the beginning of such taxable year.

     An elective deferral agreement (or change thereto) must be made in such
manner and in accordance with such rules as the Employer may prescribe
(including by means of voice response or other electronic system under
circumstances the Employer permits) and may not be made retroactively.

     Employer Contributions are allocated according to the provisions of the
ALLOCATION SECTION of this article.

     The Employer may make all or any portion of the Matching Contributions,
which are to be invested in Qualifying Employer Securities, to the Trustee in
the form of Qualifying Employer Securities.

     A portion of the Plan assets resulting from Employer Contributions (but not
more than the original amount of those Contributions) may be returned if the
Employer Contributions are made because of a mistake of fact or are more than
the amount deductible under Code Section 404 (excluding any amount which is not
deductible because the Plan is disqualified). The amount involved must be
returned to the Employer within one year after the date the Employer
Contributions are made by mistake of fact or the date the deduction is
disallowed, whichever applies. Except as provided under this paragraph and
Article VIII, the assets of the Plan shall never be used for the benefit of the
Employer and are held for the exclusive purpose of providing benefits to
Participants and their Beneficiaries and for defraying reasonable expenses of
administering the Plan.

SECTION 3.01A--ROLLOVER CONTRIBUTIONS.

     A Rollover Contribution may be made by an Eligible Employee or an Inactive
Participant if the following conditions are met:

<PAGE>

     (a)  The Contribution is of amounts distributed from a plan that satisfies
          the requirements of Code Section 401(a) or from a "conduit" individual
          retirement account described in Code Section 408(d)(3)(A). In the case
          of an Inactive Participant, the Contribution must be of an amount
          distributed from another plan of the Employer, or a plan of a
          Controlled Group member, that satisfies the requirements of Code
          Section 401(a).
     (b)  The Contribution is of amounts that the Code permits to be transferred
          to a plan that meets the requirements of Code Section 401(a).

     (c)  The Contribution is made in the form of a direct rollover under Code
          Section 401(a)(31) or is a rollover made under 402(c) or 408(d)(3)(A)
          within 60 days after the Eligible Employee or Inactive Participant
          receives the distribution.

     (d)  The Eligible Employee or Inactive Participant furnishes evidence
          satisfactory to the Plan Administrator that the proposed rollover
          meets conditions (a), (b), and (c) above.

     A Rollover Contribution shall be allowed in cash only and must be made
according to procedures set up by the Plan Administrator.

     If the Eligible Employee is not an Active Participant when the Rollover
Contribution is made, he shall be deemed to be an Active Participant only for
the purpose of investment and distribution of the Rollover Contribution.
Employer Contributions shall not be made for or allocated to the Eligible
Employee until the time he meets all of the requirements to become an Active
Participant.

     Rollover Contributions made by an Eligible Employee or an Inactive
Participant shall be credited to his Account. The part of the Participant's
Account resulting from Rollover Contributions is fully (100%) vested and
nonforfeitable at all times. A separate accounting record shall be maintained
for that part of his Rollover Contributions consisting of voluntary
contributions which were deducted from the Participant's gross income for
Federal income tax purposes.

SECTION 3.02--FORFEITURES.

     The Nonvested Account of a Participant shall be forfeited as of the earlier
of the following:

     (a)  the date the Participant dies (if prior to such date he had ceased to
          be an Employee), or

<PAGE>

     (b)  the Participant's Forfeiture Date.

All or a portion of a Participant's Nonvested Account shall be forfeited before
such earlier date if, after he ceases to be an Employee, he receives, or is
deemed to receive, a distribution of his entire Vested Account or a distribution
of his Vested Account derived from Employer Contributions which were not 100%
vested when made, under the RETIREMENT BENEFITS SECTION of Article V, the VESTED
BENEFITS SECTION of Article V, or the SMALL AMOUNTS SECTION of Article X. The
forfeiture shall occur as of the date the Participant receives, or is deemed to
receive, the distribution. If a Participant receives, or is deemed to receive,
his entire Vested Account, his entire Nonvested Account shall be forfeited. If a
Participant receives a distribution of his Vested Account from Employer
Contributions which were not 100% vested when made, but less than his entire
Vested Account from such Contributions, the amount to be forfeited shall be
determined by multiplying his Nonvested Account from such Contributions by a
fraction. The numerator of the fraction is the amount of the distribution
derived from Employer Contributions which were not 100% vested when made and the
denominator of the fraction is his entire Vested Account derived from such
Contributions on the date of distribution.

     A Forfeiture shall also occur as provided in the EXCESS AMOUNTS SECTION of
this article.

     Forfeitures shall be determined at least once during each Plan Year.
Forfeitures may first be used to pay administrative expenses. Forfeitures of
Matching Contributions which relate to excess amounts as provided in the EXCESS
AMOUNTS SECTION of this article, which have not been used to pay administrative
expenses, shall be applied to reduce the earliest Employer Contributions made
after the Forfeitures are determined. Any other Forfeitures which have not been
used to pay administrative expenses shall be applied to reduce the earliest
Employer Contributions made after the Forfeitures are determined. Upon their
application to reduce Employer Contributions, Forfeitures shall be deemed to be
Employer Contributions.

     Forfeitures of Qualifying Employer Securities held in an ESOP Matching or
ESOP Non-Matching Account may be used to satisfy any allocation of Qualifying
Employer Securities required under the ALLOCATIONS SECTION of this article.

     If a Participant again becomes an Eligible Employee after receiving a
distribution which caused all or a portion of his Nonvested Account to be
forfeited, he shall have the right to repay to the Plan the entire amount of the
distribution he received (excluding any amount of such distribution resulting
from Contributions which were 100% vested when

<PAGE>

made). The repayment must be made in a single sum (repayment in installments is
not permitted) before the earlier of the date five years after the date he again
becomes an Eligible Employee or the end of the first period of five consecutive
Vesting Breaks in Service which begin after the date of the distribution.

     If the Participant makes the repayment above, the Plan Administrator shall
restore to his Account an amount equal to his Nonvested Account which was
forfeited on the date of distribution, unadjusted for any investment gains or
losses. If no amount is to be repaid because the Participant was deemed to have
received a distribution, or only received a distribution of Contributions which
were 100% vested when made, and he again performs an Hour-of-Service as an
Eligible Employee within the repayment period, the Plan Administrator shall
restore the Participant's Account as if he had made a required repayment on the
date he performed such Hour-of-Service. Restoration of the Participant's Account
shall include restoration of all Code Section 411(d)(6) protected benefits with
respect to that restored Account, according to applicable Treasury regulations.
Provided, however, the Plan Administrator shall not restore the Nonvested
Account if (i) a Forfeiture Date has occurred after the date of the distribution
and on or before the date of repayment and (ii) that Forfeiture Date would
result in a complete forfeiture of the amount the Plan Administrator would
otherwise restore.

     The Plan Administrator shall restore the Participant's Account by the close
of the Plan Year following the Plan Year in which repayment is made. Permissible
sources for the restoration of the Participant's Account are Forfeitures or
special Employer Contributions. Such special Employer Contributions shall be
made without regard to profits. The repaid and restored amounts are not included
in the Participant's Annual Additions, as defined in the CONTRIBUTION LIMITATION
SECTION of this article.

SECTION 3.03--ALLOCATION.

     A person meets the allocation requirements of this section if he is an
Active Participant on the last day of the Plan Year and has at least 1,000
Hours-of-Service during the latest Accrual Computation Period ending on or
before that date.

     Elective Deferral Contributions shall be allocated to Participants for whom
such Contributions are made under the EMPLOYER CONTRIBUTIONS SECTION of this
article. Such Contributions shall be allocated when made and credited to the
Participant's Account.

     Matching Contributions (including ESOP Matching Contributions) shall be
allocated to the persons for whom such Contributions are made under the EMPLOYER
CONTRIBUTIONS SECTION of this article. Such Contributions shall be allocated

<PAGE>

when made and credited to the person's Account.

     Discretionary Contributions shall be allocated as of the last day of the
Plan Year using Annual Compensation for the Plan Year. The amount allocated
shall be determined as follows:

STEP ONE: This step one shall only apply in years in which the Plan is a
Top-heavy Plan, as defined in the DEFINITIONS SECTION of Article XI, and the
minimum contribution under the MODIFICATION OF CONTRIBUTIONS SECTION of Article
XI is not being provided by other contributions to this Plan or another plan of
the Employer.
The allocation in this step one shall be made to each person meeting the
allocation requirements of this section and each person who is entitled to a
minimum contribution under the MODIFICATION OF CONTRIBUTIONS SECTION of Article
XI. Each such person's allocation shall be an amount equal to the Discretionary
Contributions multiplied by the ratio of such person's Annual Compensation to
the total Annual Compensation of all such persons. Such amount shall not exceed
3% of such person's Annual Compensation. The allocation for any person who does
not meet the allocation requirements of this section shall be limited to the
amount necessary to fund the minimum contribution.

STEP TWO: The allocation in this step two shall be made to each person meeting
the allocation requirements of this section. Each such person's allocation shall
be equal to any amount remaining after the allocation in step one multiplied by
the ratio of such person's Annual Compensation to the total Annual Compensation
of all such persons.

This amount shall be credited to the person's Account.

     The ESOP Non-Matching Contribution for the Plan Year (if any), together
with the cash dividends paid on Qualifying Employer Securities held in the ESOP
Non-Matching Contribution Accounts (if the Primary Employer directs that such
dividends be applied to the Exempt Loan), cash dividends paid on Qualifying
Employer Securities held in the Unallocated Reserve and other investment
earnings of the Unallocated Reserve (if any), shall be applied to make the
payment due on any Exempt Loan for the Plan Year. The Qualifying Employer
Securities released from the Unallocated Reserve as a result of that payment
shall be allocated as of the last day of the Plan Year as follows:

STEP ONE: This step one shall apply only if the cash dividends paid on
Qualifying Employer Securities held in the ESOP Non-Matching Contribution
Accounts are applied to the Exempt Loan.

<PAGE>

The allocation in this step one shall be made to each person who received a cash
dividend on Qualifying Employer Securities held in his/her ESOP Non-Matching
Contribution Account that was applied to the Exempt Loan.

The number of shares of Qualifying Employer Securities allocated under this step
one shall equal the number of shares with a value equal to the total cash
dividends paid on Qualifying Employer Securities held in the ESOP Non-Matching
Contribution Accounts and applied to the Exempt Loan. The number of shares of
Qualifying Employer Securities allocated to each such person shall be determined
by multiplying the number of shares of Qualifying Employer Securities to be
allocated under this step one by a fraction, the numerator of which is the cash
dividends paid on Qualifying Employer Securities held in the ESOP Non-Matching
Account of such person and applied to the Exempt Loan, and the denominator of
which is the total cash dividends paid on Qualifying Employer Securities held in
the ESOP Non-Matching Accounts of all such persons and applied to the Exempt
Loan.

STEP TWO: The allocation in this step two shall be made among those persons who
meet the allocation requirements of this section, but subject to the PROHIBITED
ALLOCATION OF QUALIFYING EMPLOYER SECURITIES SECTION of this article.

The number of shares of Qualifying Employer Securities allocated to each such
person shall be determined by multiplying the number of shares of Qualifying
Employer Securities released from the Unallocated Reserve (and not allocated
under step one) by a fraction, the numerator of which is the Annual Compensation
of such person for the Plan Year, and the denominator of which is the aggregate
Annual Compensation of all such persons for the Plan Year. However, if the
aggregate amount of Qualifying Employer Securities that would be allocated under
this paragraph to Highly Compensated Employees exceeds one-third of the total
Qualifying Employer Securities allocated, then the amount of Qualifying Employer
Securities in excess of one-third shall be reallocated to the Nonhighly
Compensated Employees in proportion to each Nonhighly Compensated Employee's
Annual Compensation to the total Annual Compensation of all such Nonhighly
Compensated Employees.

     If the ESOP Non-Matching Contributions exceed the amount needed to make the
payment for the Exempt Loan for the Plan Year, or if there is no Exempt Loan for
the Plan Year in which the ESOP Non-Matching Contribution is made, the ESOP
Non-Matching Contribution shall be allocated in the same manner as Discretionary
Contributions.

<PAGE>

     Specified Minimum Employer Contributions shall be allocated to the Account
of the eligible Participants in accordance with subparagraph 3.01(e)(2).

     If Leased Employees are Eligible Employees, in determining the amount of
Employer Contributions allocated to a person who is a Leased Employee,
contributions provided by the leasing organization which are attributable to
services such Leased Employee performs for the Employer shall be treated as
provided by the Employer. Those contributions shall not be duplicated under this
Plan.

SECTION 3.04--CONTRIBUTION LIMITATION.

     (a)  Definitions. For the purpose of determining the contribution
          limitation set forth in this section, the following terms are defined.

     Annual Additions means the sum of the following amounts credited to a
Participant's account for the Limitation Year:

     (1)  employer contributions; provided that, ESOP Non-Matching Contributions
          under this Plan that are applied to pay interest on an Exempt Loan
          will not be an Annual Addition if no more than one-third (1/3/rd/) of
          the ESOP Non-Matching Contribution that is applied to pay principal or
          interest on an Exempt Loan for the Plan Year is allocated to Highly
          Compensated Employees;

     (2)  employee contributions; and

     (3)  forfeitures.

     Annual Additions to a defined contribution plan shall also include the
following:

     (4)  amounts allocated, after March 31, 1984, to an individual medical
          account, as defined in Code Section 415(l)(2), which are part of a
          pension or annuity plan maintained by the Employer,

     (5)  amounts derived from contributions paid or accrued after December 31,
          1985, in taxable years ending after such date, which are attributable
          to post-retirement medical benefits, allocated to the separate account
          of a key employee, as defined in Code Section 419A(d)(3), under a
          welfare benefit fund, as defined in Code Section 419(e), maintained by
          the Employer; and

     (6)  allocations under a simplified employee pension.

<PAGE>

     For this purpose, any Excess Amount applied under (e) below in the
Limitation Year to reduce Employer Contributions shall be considered Annual
Additions for such Limitation Year.

     Compensation means wages within the meaning of Code Section 3401(a) and all
other payments of compensation to an Employee by the Employer (in the course of
the Employer's trade or business) for which the Employer is required to furnish
the Employee a written statement under Code Sections 6041(d), 6051(a)(3), and
6052. Compensation must be determined without regard to any rules under Code
Section 3401(a) that limit the remuneration included in wages based on the
nature or location of the employment or the services performed (such as the
exception for agricultural labor in Code Section 3401(a)(2)). The amount
reported in the "Wages, Tips and Other Compensation" box on Form W-2 satisfies
this definition.

     For any Self-employed Individual, Compensation shall mean Earned Income.
     For purposes of applying the limitations of this section, Compensation for
a Limitation Year is the Compensation actually paid or made available in gross
income during such Limitation Year.

     For Limitation Years beginning after December 31, 1997, for purposes of
applying the limitations of this section, Compensation paid or made available
during such Limitation Year shall include any elective deferral (as defined in
Code Section 402(g)(3)), and any amount which is contributed or deferred by the
Employer at the election of the Employee and which is not includible in the
gross income of the Employee by reason of Code Section 125, 132(f)(4), or 457.

     Defined Benefit Plan Fraction means a fraction, the numerator of which is
the sum of the Participant's Projected Annual Benefits under all the defined
benefit plans (whether or not terminated) maintained by the Employer, and the
denominator of which is the lesser of (i) 125 percent of the dollar limitation
determined for the Limitation Year under Code Sections 415(b)(1)(A) and (d) or
(ii) 140 percent of the Highest Average Compensation, including any adjustments
under Code Section 415(b)(5).

     Notwithstanding the above, if the Participant was a participant as of the
first day of the first Limitation Year beginning after December 31, 1986, in one
or more defined benefit plans maintained by the Employer which were in existence
on May 6, 1986, the denominator of this fraction will not be less than 125
percent of the sum of the annual benefits under such plans which the Participant
had accrued as of the close of the last Limitation Year beginning before January
1, 1987, disregarding any changes in the terms and conditions of the plan after
May 5, 1986. The preceding sentence applies only if the

<PAGE>

defined benefit plans individually and in the aggregate satisfied the
requirements of Code Section 415 for all Limitation Years beginning before
January 1, 1987.

     Defined Contribution Dollar Limitation means, for Limitation Years
beginning after December 31, 1994, $30,000, as adjusted under Code Section
415(d).

     Defined Contribution Plan Fraction means a fraction, the numerator of which
is the sum of the Annual Additions to the Participant's account under all the
defined contribution plans (whether or not terminated) maintained by the
Employer for the current and all prior Limitation Years (including the Annual
Additions attributable to the Participant's nondeductible employee contributions
to all defined benefit plans, whether or not terminated, maintained by the
Employer, and the Annual Additions attributable to all welfare benefit funds,
individual medical accounts, and simplified employee pensions, maintained by the
Employer), and the denominator of which is the sum of the maximum aggregated
amounts for the current and all prior Limitation Years of service with the
Employer (regardless of whether a defined contribution plan was maintained by
the Employer). The maximum aggregate amount in any Limitation Year is the lesser
of (i) 125 percent of the dollar limitation under Code Section 415(c)(1)(A)
after adjustment under Code Section 415(d) or (ii) 35 percent of the
Participant's Compensation for such year.

     If the Employee was a participant as of the end of the first day of the
first Limitation Year beginning after December 31, 1986, in one or more defined
contribution plans maintained by the Employer which were in existence on May 6,
1986, the numerator of this fraction will be adjusted if the sum of this
fraction and the Defined Benefit Fraction would otherwise exceed 1.0 under the
terms of this Plan. Under the adjustment, an amount equal to the product of (i)
the excess of the sum of the fractions over 1.0 times (ii) the denominator of
this fraction, will be permanently subtracted from the numerator of this
fraction. The adjustment is calculated using the fractions as they would be
computed as of the end of the last Limitation Year beginning before January 1,
1987, and disregarding any changes in the terms and conditions of the plan made
after May 5, 1986, but using the Code Section 415 limitation applicable to the
first Limitation Year beginning on or after January 1, 1987.

     The Annual Addition for any Limitation Year beginning before January 1,
1987, shall not be recomputed to treat all employee contributions as Annual
Additions.

     Employer means the employer that adopts this Plan, and all members of a
controlled group of corporations (as defined in Code Section 414(b) as modified
by Code Section 415(h)), all commonly controlled trades or businesses (as
defined in Code Section 415(c) as modified by Code Section 415(h)) or affiliated
service groups (as

<PAGE>

defined in Code Section 414(m)) of which the adopting employer is a part, and
any other entity required to be aggregated with the employer pursuant to
regulations under Code Section 414(o).

     Excess Amount means the excess of the Participant's Annual Additions for
the Limitation Year over the Maximum Permissible Amount.

     Highest Average Compensation means the average Compensation for the three
consecutive Limitation Years while he was an Employee (actual consecutive
Limitation Years while he was an Employee, if employed less than three years)
that produces the highest average.

     Limitation Year means the consecutive 12-month period ending on the last
day of each Plan Year, including corresponding consecutive 12-month periods
before January 1, 1990. If the Limitation Year is other than the calendar year,
execution of this Plan (or any amendment to this Plan changing the Limitation
Year) constitutes the Employer's adoption of a written resolution electing the
Limitation Year. If the Limitation Year is amended to a different consecutive
12-month period, the new Limitation Year must begin on a date within the
Limitation Year in which the amendment is made.

     Maximum Permissible Amount means the maximum Annual Addition that may be
contributed or allocated to a Participant's Account under the Plan for any
Limitation Year. This amount shall not exceed the lesser of:

     (1)  The Defined Contribution Dollar Limitation, or

     (2)  25 percent of the Participant's Compensation for the Limitation Year.

     The compensation limitation referred to in (2) shall not apply to any
contribution for medical benefits (within the meaning of Code Section 401(h) or
419A(f)(2)) which is otherwise treated as an Annual Addition under Code Section
415(l)(1) or 419A(d)(2).

     If a short Limitation Year is created because of an amendment changing the
Limitation Year to a different consecutive 12-month period, the Maximum
Permissible Amount will not exceed the Defined Contribution Dollar Limitation
multiplied by the following fraction:

                  Number of months in the short Limitation Year
                                       12

     Projected Annual Benefit means the annual retirement benefit (adjusted to
an

<PAGE>

actuarially equivalent straight life annuity if such benefit is expressed in a
form other than a straight life annuity or qualified joint and survivor annuity)
to which the Participant would be entitled under the terms of the plan assuming:

     (1)  The Participant will continue employment until normal retirement age
          under the plan (or current age, if later), and

     (2)  the Participant's Compensation for the current Limitation Year and all
          other relevant factors used to determine benefits under the Plan will
          remain constant for all future Limitation Years.

          (b)  If the Participant does not participate in, and has never
               participated in, another qualified plan maintained by the
               Employer or a welfare benefit fund, as defined in Code Section
               419(e), maintained by the Employer, or an individual medical
               account, as defined in Code Section 415(l)(2), maintained by the
               Employer, or a simplified employee pension, as defined in Code
               Section 408(k), maintained by the Employer, which provides an
               Annual Addition, the amount of Annual Additions which may be
               credited to the Participant's Account for any Limitation Year
               shall not exceed the lesser of the Maximum Permissible Amount or
               any other limitation contained in this Plan. If the Employer
               Contribution that would otherwise be contributed or allocated to
               the Participant's Account would cause the Annual Additions for
               the Limitation Year to exceed the Maximum Permissible Amount, the
               amount contributed or allocated shall be reduced so that the
               Annual Additions for the Limitation Year will equal the Maximum
               Permissible Amount.

          (c)  Prior to determining the Participant's actual Compensation for
               the Limitation Year, the Employer may determine the Maximum
               Permissible Amount for a Participant on the basis of a reasonable
               estimation of the Participant's Compensation for the Limitation
               Year, uniformly determined for all Participants similarly
               situated.

          (d)  As soon as is administratively feasible after the end of the
               Limitation Year, the Maximum Permissible Amount for the
               Limitation Year will be determined on the basis of the
               Participant's actual Compensation for the Limitation Year.

          (e)  If a reasonable error in estimating a Participant's Compensation
               for the Limitation Year, a reasonable error in determining the
               amount of

<PAGE>

               elective deferrals (within the meaning of Code Section 402(g)(3))
               that may be made with respect to any individual under the limits
               of Code Section 415, or under other facts and circumstances
               allowed by the Internal Revenue Service, there is an Excess
               Amount, the excess will be disposed of as follows:

     (1)  Any Elective Deferral Contributions that are not the basis for
          Matching Contributions (plus attributable earnings), to the extent
          they would reduce the Excess Amount, will be distributed to the
          Participant.

     (2)  If after the application of (1) above an Excess Amount still exists,
          any Elective Deferral Contributions that are the basis for Matching
          Contributions (plus attributable earnings), to the extent they would
          reduce the Excess Amount, will be distributed to the Participant.
          Concurrently with the distribution of such Elective Deferral
          Contributions, any Matching Contributions which relate to any Elective
          Deferral Contributions distributed in the preceding sentence, to the
          extent such application would reduce the Excess Amount, will be
          applied as provided in (3) or (4) below:

     (3)  If after the application of (2) above an Excess Amount still exists,
          and the Participant is covered by the Plan at the end of the
          Limitation Year, the Excess Amount in the Participant's Account will
          be used to reduce Employer Contributions for such Participant in the
          next Limitation Year, and each succeeding Limitation Year if
          necessary.

     (4)  If after the application of (2) above an Excess Amount still exists,
          and the Participant is not covered by the Plan at the end of the
          Limitation Year, the Excess Amount will be held unallocated in a
          suspense account. The suspense account will be applied to reduce
          future Employer Contributions for all remaining Participants in the
          next Limitation Year, and each succeeding Limitation Year if
          necessary.

     (5)  If a suspense account is in existence at any time during a Limitation
          Year pursuant to this (e), it will participate in the allocation of
          investment gains or losses. If a suspense account is in existence at
          any time during a particular Limitation Year, all amounts in the
          suspense account must be allocated and reallocated to Participant's
          Accounts before any Employer Contributions may be made to the Plan for
          that Limitation Year. Excess Amounts held in a suspense account may
          not be distributed to Participants or former Participants.

<PAGE>

          (f)  This (f) applies if, in addition to this Plan, the Participant is
               covered under another qualified defined contribution plan
               maintained by the Employer, a welfare benefit fund maintained by
               the Employer, an individual medical account maintained by the
               Employer, or a simplified employee pension maintained by the
               Employer which provides an Annual Addition during any Limitation
               Year. The aggregate Annual Additions under all such qualified
               defined contribution plans, welfare benefit funds, individual
               medical accounts, and simplified employee pensions for the
               Limitation Year will not exceed the Maximum Permissible Amount.
               Any reduction necessary shall be made first to the profit sharing
               plans, then to all other such qualified defined contribution
               plans and welfare benefit funds, individual medical accounts, and
               simplified employee pensions and, if necessary, by reducing first
               those that were most recently allocated. Simplified employee
               pensions shall be deemed to be allocated first, followed by
               welfare benefit funds and individual medical accounts. However,
               elective deferral contributions shall be the last contributions
               reduced before the simplified employee pension, welfare benefit
               fund, or individual medical account is reduced.

          (g)  If the Employer maintains, or at any time maintained, a qualified
               defined benefit plan covering any Participant in this Plan, the
               sum of the Participant's Defined Benefit Plan Fraction and
               Defined Contribution Plan Fraction will not exceed 1.0 in any
               Limitation Year. The Projected Annual Benefit shall be limited
               first. If the Participant's annual benefit(s) equal his Projected
               Annual Benefit, as limited, then Annual Additions to the defined
               contribution plan(s) shall be limited to the extent needed to
               reduce the sum to 1.0 in the same manner in which the Annual
               Additions are limited to meet the Maximum Permissible Amount.
               This subparagraph shall cease to apply effective as of the first
               Limitation Year beginning on or after January 1, 2000.

SECTION 3.05--EXCESS AMOUNTS.

               (a)  Definitions. For the purposes of this section, the following
               terms are defined:

     ACP means the average (expressed as a percentage) of the Contribution
Percentages of the Eligible Participants in a group.

<PAGE>

     ADP means the average (expressed as a percentage) of the Deferral
Percentages of the Eligible Participants in a group.

     Aggregate Limit means the greater of:

     (1)  The sum of:

          (i)  125 percent of the greater of the ADP of the Nonhighly
               Compensated Employees for the prior Plan Year or the ACP of the
               Nonhighly Compensated Employees under the plan subject to Code
               Section 401(m) for the Plan Year beginning with or within the
               prior Plan Year of the cash or deferred arrangement, and

          (ii) the lesser of 200 percent or 2 percent plus the lesser of such
               ADP or ACP.

     (2)  The sum of:

          (i)  125 percent of the lesser of the ADP of the Nonhighly Compensated
               Employees for the prior Plan Year or the ACP of the Nonhighly
               Compensated Employees under the plan subject to Code Section
               401(m) for the Plan Year beginning with or within the prior Plan
               Year of the cash or deferred arrangement, and

          (ii) the lesser of 200 percent or 2 percent plus the greater of such
               ADP or ACP.

     If the Employer has elected to use the current testing method, then, in
calculating the Aggregate Limit for a particular Plan Year, the Nonhighly
Compensated Employees' ADP and ACP for that Plan Year, instead of the prior Plan
Year, is used.

     Contribution Percentage means the ratio (expressed as a percentage) of the
Eligible Participant's Contribution Percentage Amounts to the Eligible
Participant's Compensation for the Plan Year (whether or not the Eligible
Participant was an Eligible Participant for the entire Plan Year). In
modification of the foregoing, Compensation shall be limited to the Compensation
received while an Eligible Participant. For an Eligible Participant for whom
such Contribution Percentage Amounts for the Plan Year are zero, the percentage
is zero.

     Contribution Percentage Amounts means the sum of the Participant

<PAGE>

Contributions and Matching Contributions (that are not Qualified Matching
Contributions taken into account for purposes of the ADP Test) made under the
Plan on behalf of the Eligible Participant for the Plan Year. Such Contribution
Percentage Amounts shall not include Matching Contributions that are forfeited
either to correct Excess Aggregate Contributions or because the Contributions to
which they relate are Excess Elective Deferrals, Excess Contributions, or Excess
Aggregate Contributions. Under such rules as the Secretary of the Treasury shall
prescribe, in determining the Contribution Percentage the Employer may elect to
include Qualified Nonelective Contributions under this Plan which were not used
in computing the Deferral Percentage. The Employer may also elect to use
Elective Deferral Contributions in computing the Contribution Percentage so long
as the ADP Test is met before the Elective Deferral Contributions are used in
the ACP Test and continues to be met following the exclusion of those Elective
Deferral Contributions that are used to meet the ACP Test.

     Deferral Percentage means the ratio (expressed as a percentage) of Elective
Deferral Contributions under this Plan on behalf of the Eligible Participant for
the Plan Year to the Eligible Participant's Compensation for the Plan Year
(whether or not the Eligible Participant was an Eligible Participant for the
entire Plan Year). In modification of the foregoing, Compensation shall be
limited to the Compensation received while an Eligible Participant. The Elective
Deferral Contributions used to determine the Deferral Percentage shall include
Excess Elective Deferrals (other than Excess Elective Deferrals of Nonhighly
Compensated Employees that arise solely from Elective Deferral Contributions
made under this Plan or any other plans of the Employer or a Controlled Group
member), but shall exclude Elective Deferral Contributions that are used in
computing the Contribution Percentage (provided the ADP Test is satisfied both
with and without exclusion of these Elective Deferral Contributions). Under such
rules as the Secretary of the Treasury shall prescribe, the Employer may elect
to include Qualified Nonelective Contributions and Qualified Matching
Contributions under this Plan in computing the Deferral Percentage. For an
Eligible Participant for whom such contributions on his behalf for the Plan Year
are zero, the percentage is zero.

     Elective Deferral Contributions means any employer contributions made to a
plan at the election of a participant, in lieu of cash compensation, and shall
include contributions made pursuant to a salary reduction agreement or other
deferral mechanism. With respect to any taxable year, a participant's Elective
Deferral Contributions are the sum of all employer contributions made on behalf
of such participant pursuant to an election to defer under any qualified cash or
deferred arrangement described in Code Section 401(k), any salary reduction
simplified employee pension plan described in Code Section 408(k)(6), any SIMPLE
IRA plan described in Code Section 408(p), any eligible deferred compensation
plan under Code Section 457, any plan described under Code Section 501(c)(18),
and any employer contributions made on behalf of a participant for

<PAGE>

the purchase of an annuity contract under Code Section 403(b) pursuant to a
salary reduction agreement. Elective Deferral Contributions shall not include
any deferrals properly distributed as excess annual additions.

     Eligible Participant means, for purposes of determining the Deferral
Percentage, any Employee who is otherwise entitled to make Elective Deferral
Contributions under the terms of the Plan for the Plan Year. Eligible
Participant means, for purposes of determining the Contribution Percentage, any
Employee who is eligible (i) to make a Participant Contribution or an Elective
Deferral Contribution (if the Employer takes such contributions into account in
the calculation of the Contribution Percentage), or (ii) to receive a Matching
Contribution (including forfeitures) or a Qualified Matching Contribution. If a
Participant Contribution is required as a condition of participation in the
Plan, any Employee who would be a Participant in the Plan if such Employee made
such a contribution shall be treated as an Eligible Participant on behalf of
whom no Participant Contributions are made.

     Excess Aggregate Contributions means, with respect to any Plan Year, the
excess of:

     (1)  The aggregate Contribution Percentage Amounts taken into account in
          computing the numerator of the Contribution Percentage actually made
          on behalf of Highly Compensated Employees for such Plan Year, over

     (2)  The maximum Contribution Percentage Amounts permitted by the ACP Test
          (determined by hypothetically reducing contributions made on behalf of
          Highly Compensated Employees in order of their Contribution
          Percentages beginning with the highest of such percentages).

     Such determination shall be made after first determining Excess Elective
Deferrals and then determining Excess Contributions.

     Excess Contributions means, with respect to any Plan Year, the excess of:

     (1)  The aggregate amount of employer contributions actually taken into
          account in computing the Deferral Percentage of Highly Compensated
          Employees for such Plan Year, over

     (2)  The maximum amount of such contributions permitted by the ADP Test
          (determined by hypothetically reducing contributions made on behalf of
          Highly Compensated Employees in the order of the Deferral Percentages,
          beginning with the highest of such percentages).

<PAGE>

     Such determination shall be made after first determining Excess Elective
Deferrals.

     Excess Elective Deferrals means those Elective Deferral Contributions that
are includible in a Participant's gross income under Code Section 402(g) to the
extent such Participant's Elective Deferral Contributions for a taxable year
exceed the dollar limitation under such Code section. Excess Elective Deferrals
shall be treated as Annual Additions, as defined in the CONTRIBUTION LIMITATION
SECTION of this article, under the Plan, unless such amounts are distributed no
later than the first April 15 following the close of the Participant's taxable
year.

     Matching Contributions means employer contributions made to this or any
other defined contribution plan, or to a contract described in Code Section
403(b), on behalf of a participant on account of a Participant Contribution made
by such participant, or on account of a participant's Elective Deferral
Contributions, under a plan maintained by the Employer or a Controlled Group
member.

     Participant Contributions means contributions made to the plan by or on
behalf of a participant that are included in the participant's gross income in
the year in which made and that are maintained under a separate account to which
the earnings and losses are allocated.

     Qualified Matching Contributions means Matching Contributions which are
subject to the distribution and nonforfeitability requirements under Code
Section 401(k) when made.

     Qualified Nonelective Contributions means any employer contributions (other
than Matching Contributions) which an employee may not elect to have paid to him
in cash instead of being contributed to the plan and which are subject to the
distribution and nonforfeitability requirements under Code Section 401(k) when
made.

     (b)  Excess Elective Deferrals. A Participant may assign to this Plan any
          Excess Elective Deferrals made during a taxable year of the
          Participant by notifying the Plan Administrator in writing on or
          before the first following March 1 of the amount of the Excess
          Elective Deferrals to be assigned to the Plan. A Participant is deemed
          to notify the Plan Administrator of any Excess Elective Deferrals that
          arise by taking into account only those Elective Deferral
          Contributions made to this Plan and any other plan of the Employer or
          a Controlled Group member. The Participant's claim for Excess Elective
          Deferrals shall be accompanied by the Participant's written

<PAGE>

          statement that if such amounts are not distributed, such Excess
          Elective Deferrals will exceed the limit imposed on the Participant by
          Code Section 402(g) for the year in which the deferral occurred. The
          Excess Elective Deferrals assigned to this Plan cannot exceed the
          Elective Deferral Contributions allocated under this Plan for such
          taxable year.

          Notwithstanding any other provisions of the Plan, Elective Deferral
          Contributions in an amount equal to the Excess Elective Deferrals
          assigned to this Plan, plus any income and minus any loss allocable
          thereto, shall be distributed no later than April 15 to any
          Participant to whose Account Excess Elective Deferrals were assigned
          for the preceding year and who claims Excess Elective Deferrals for
          such taxable year.

          The Excess Elective Deferrals shall be adjusted for income or loss.
          The income or loss allocable to such Excess Elective Deferrals shall
          be equal to the income or loss allocable to the Participant's Elective
          Deferral Contributions for the taxable year in which the excess
          occurred multiplied by a fraction. The numerator of the fraction is
          the Excess Elective Deferrals. The denominator of the fraction is the
          closing balance without regard to any income or loss occurring during
          such taxable year (as of the end of such taxable year) of the
          Participant's Account resulting from Elective Deferral Contributions.

          Any Matching Contributions which were based on the Elective Deferral
          Contributions which are distributed as Excess Elective Deferrals, plus
          any income and minus any loss allocable thereto, shall be forfeited.

     (c)  ADP Test. As of the end of each Plan Year after Excess Elective
          Deferrals have been determined, the Plan must satisfy the ADP Test.
          The ADP Test shall be satisfied using the prior year testing method,
          unless the Employer has elected to use the current year testing
          method.

          (1)  Prior Year Testing Method. The ADP for a Plan Year for Eligible
               Participants who are Highly Compensated Employees for each Plan
               Year and the prior year's ADP for Eligible Participants who were
               Nonhighly Compensated Employees for the prior Plan Year must
               satisfy one of the following tests:

               (i)  The ADP for a Plan Year for Eligible Participants who are
                    Highly Compensated Employees for the Plan Year shall not
                    exceed the prior year's ADP for Eligible Participants who

<PAGE>

                    were Nonhighly Compensated Employees for the prior Plan Year
                    multiplied by 1.25; or

               (ii) The ADP for a Plan Year for Eligible Participants who are
                    Highly Compensated Employees for the Plan Year:

                    A.   shall not exceed the prior year's ADP for Eligible
                         Participants who were Nonhighly Compensated Employees
                         for the prior Plan Year multiplied by 2, and

                    B.   the difference between such ADPs is not more than 2.

               If this is not a successor plan, for the first Plan Year the Plan
               permits any Participant to make Elective Deferral Contributions,
               for purposes of the foregoing tests, the prior year's Nonhighly
               Compensated Employees' ADP shall be 3 percent, unless the
               Employer has elected to use the Plan Year's ADP for these
               Eligible Participants.

          (2)  Current Year Testing Method. The ADP for a Plan Year for Eligible
               Participants who are Highly Compensated Employees for each Plan
               Year and the ADP for Eligible Participants who are Nonhighly
               Compensated Employees for the Plan Year must satisfy one of the
               following tests:

               (i)  The ADP for a Plan Year for Eligible Participants who are
                    Highly Compensated Employees for the Plan Year shall not
                    exceed the ADP for Eligible Participants who are Nonhighly
                    Compensated Employees for the Plan Year multiplied by 1.25;
                    or
               (ii) The ADP for a Plan Year for Eligible Participants who are
                    Highly Compensated Employees for the Plan Year:

                    A.   shall not exceed the ADP for Eligible Participants who
                         are Nonhighly Compensated Employees for the Plan Year
                         multiplied by 2, and

                    B.   the difference between such ADP's is not more than 2.

          If the Employer has elected to use the current year testing method,
          that election cannot be changed unless (i) the Plan has been using the
          current

<PAGE>

          year testing method for the preceding five Plan Years, or if less, the
          number of Plan Years the Plan has been in existence; or (ii) the Plan
          otherwise meets one of the conditions specified in Internal Revenue
          Service Notice 98-1 (or superseding guidance) for changing from the
          current year testing method.

          A Participant is a Highly Compensated Employee for a particular Plan
          Year if he meets the definition of a Highly Compensated Employee in
          effect for that Plan Year. Similarly, a Participant is a Nonhighly
          Compensated Employee for a particular Plan Year if he does not meet
          the definition of a Highly Compensated Employee in effect for that
          Plan Year.

          The Deferral Percentage for any Eligible Participant who is a Highly
          Compensated Employee for the Plan Year and who is eligible to have
          Elective Deferral Contributions (and Qualified Nonelective
          Contributions or Qualified Matching Contributions, or both, if treated
          as Elective Deferral Contributions for purposes of the ADP Test)
          allocated to his account under two or more arrangements described in
          Code Section 401(k) that are maintained by the Employer or a
          Controlled Group member shall be determined as if such Elective
          Deferral Contributions (and, if applicable, such Qualified Nonelective
          Contributions or Qualified Matching Contributions, or both) were made
          under a single arrangement. If a Highly Compensated Employee
          participates in two or more cash or deferred arrangements that have
          different plan years, all cash or deferred arrangements ending with or
          within the same calendar year shall be treated as a single
          arrangement. The foregoing notwithstanding, certain plans shall be
          treated as separate if mandatorily disaggregated under the regulations
          of Code Section 401(k).

          In the event this Plan satisfies the requirements of Code Section
          401(k), 401(a)(4), or 410(b) only if aggregated with one or more other
          plans, or if one or more other plans satisfy the requirements of such
          Code sections only if aggregated with this Plan, then this section
          shall be applied by determining the Deferral Percentage of Employees
          as if all such plans were a single plan. Any adjustments to the
          Nonhighly Compensated Employee ADP for the prior year shall be made in
          accordance with Internal Revenue Service Notice 98-1 (or superseding
          guidance), unless the Employer has elected to use the current year
          testing method. Plans may be aggregated in order to satisfy Code
          Section 401(k) only if they have the same plan year and use the same
          testing method for the ADP Test.

<PAGE>

          For purposes of the ADP Test, Elective Deferral Contributions,
          Qualified Nonelective Contributions, and Qualified Matching
          Contributions must be made before the end of the 12-month period
          immediately following the Plan Year to which the contributions relate.

          The Employer shall maintain records sufficient to demonstrate
          satisfaction of the ADP Test and the amount of Qualified Nonelective
          Contributions or Qualified Matching Contributions, or both, used in
          such test.

          If the Plan Administrator should determine during the Plan Year that
          the ADP Test is not being met, the Plan Administrator may limit the
          amount of future Elective Deferral Contributions of the Highly
          Compensated Employees.

          Notwithstanding any other provisions of this Plan, Excess
          Contributions, plus any income and minus any loss allocable thereto,
          shall be distributed no later than the last day of each Plan Year to
          Participants to whose Accounts such Excess Contributions were
          allocated for the preceding Plan Year. Excess Contributions are
          allocated to the Highly Compensated Employees with the largest amounts
          of employer contributions taken into account in calculating the ADP
          Test for the year in which the excess arose, beginning with the Highly
          Compensated Employee with the largest amount of such employer
          contributions and continuing in descending order until all of the
          Excess Contributions have been allocated. For purposes of the
          preceding sentence, the "largest amount" is determined after
          distribution of any Excess Contributions. If such excess amounts are
          distributed more than 2 1/2 months after the last day of the Plan Year
          in which such excess amounts arose, a 10 percent excise tax shall be
          imposed on the employer maintaining the plan with respect to such
          amounts.

          Excess Contributions shall be treated as Annual Additions, as defined
          in the CONTRIBUTION LIMITATION SECTION of this article.

          The Excess Contributions shall be adjusted for income or loss. The
          income or loss allocable to such Excess Contributions allocated to
          each Participant shall be equal to the income or loss allocable to the
          Participant's Elective Deferral Contributions (and, if applicable,
          Qualified Nonelective Contributions or Qualified Matching
          Contributions, or both) for the Plan Year in which the excess occurred
          multiplied by a fraction. The numerator of the fraction is the Excess
          Contributions. The denominator of the fraction is the closing balance
          without regard to any income or loss occurring during

<PAGE>

          such Plan Year (as of the end of such Plan Year) of the Participant's
          Account resulting from Elective Deferral Contributions (and Qualified
          Nonelective Contributions or Qualified Matching Contributions, or
          both, if such contributions are included in the ADP Test).

          Excess Contributions allocated to a Participant shall be distributed
          from the Participant's Account resulting from Elective Deferral
          Contributions. If such Excess Contributions exceed the balance in the
          Participant's Account resulting from Elective Deferral Contributions,
          the balance shall be distributed from the Participant's Account
          resulting from Qualified Matching Contributions (if applicable) and
          Qualified Nonelective Contributions, respectively.

          Any Matching Contributions which were based on the Elective Deferral
          Contributions which are distributed as Excess Contributions, plus any
          income and minus any loss allocable thereto, shall be forfeited.

     (d)  ACP Test. As of the end of each Plan Year, the Plan must satisfy the
          ACP Test. The ACP Test shall be satisfied using the prior year testing
          method, unless the Employer has elected to use the current year
          testing method.

          (1)  Prior Year Testing Method. The ACP for a Plan Year for Eligible
               Participants who are Highly Compensated Employees for each Plan
               Year and the prior year's ACP for Eligible Participants who were
               Nonhighly Compensated Employees for the prior Plan Year must
               satisfy one of the following tests:

               (i)  The ACP for the Plan Year for Eligible Participants who are
                    Highly Compensated Employees for the Plan Year shall not
                    exceed the prior year's ACP for Eligible Participants who
                    were Nonhighly Compensated Employees for the prior Plan Year
                    multiplied by 1.25; or

               (ii) The ACP for a Plan Year for Eligible Participants who are
                    Highly Compensated Employees for the Plan Year:

                    A.   shall not exceed the prior year's ACP for Eligible
                         Participants who were Nonhighly Compensated Employees
                         for the prior Plan Year multiplied by 2, and

                    B.   the difference between such ACPs is not more than 2.

<PAGE>

               If this is not a successor plan, for the first Plan Year the Plan
               permits any Participant to make Participant Contributions,
               provides for Matching Contributions, or both, for purposes of the
               foregoing tests, the prior year's Nonhighly Compensated
               Employees' ACP shall be 3 percent, unless the Employer has
               elected to use the Plan Year's ACP for these Eligible
               Participants.

          (2)  Current Year Testing Method. The ACP for a Plan Year for Eligible
               Participants who are Highly Compensated Employees for each Plan
               Year and the ACP for Eligible Participants who are Nonhighly
               Compensated Employees for the Plan Year must satisfy one of the
               following tests:

               (i)  The ACP for a Plan Year for Eligible Participants who are
                    Highly Compensated Employees for the Plan Year shall not
                    exceed the ACP for Eligible Participants who are Nonhighly
                    Compensated Employees for the Plan Year multiplied by 1.25;
                    or

               (ii) The ACP for a Plan Year for Eligible Participants who are
                    Highly Compensated Employees for the Plan Year:

                    A.   shall not exceed the ACP for Eligible Participants who
                         are Nonhighly Compensated Employees for the Plan Year
                         multiplied by 2, and

                    B.   the difference between such ACPs is not more than 2.

          If the Employer has elected to use the current year testing method,
          that election cannot be changed unless (i) the Plan has been using the
          current year testing method for the preceding five Plan Years, or if
          less, the number of Plan Years the Plan has been in existence; or (ii)
          the Plan otherwise meets one of the conditions specified in Internal
          Revenue Service Notice 98-1 (or superseding guidance) for changing
          from the current year testing method.

          A Participant is a Highly Compensated Employee for a particular Plan
          Year if he meets the definition of a Highly Compensated Employee in
          effect for that Plan Year. Similarly, a Participant is a Nonhighly
          Compensated Employee for a particular Plan Year if he does not meet
          the definition of a

<PAGE>

          Highly Compensated Employee in effect for that Plan Year.

          Multiple Use. If one or more Highly Compensated Employees participate
          in both a cash or deferred arrangement and a plan subject to the ACP
          Test maintained by the Employer or a Controlled Group member, and the
          sum of the ADP and ACP of those Highly Compensated Employees subject
          to either or both tests exceeds the Aggregate Limit, then the
          Contribution Percentage of those Highly Compensated Employees who also
          participate in a cash or deferred arrangement will be reduced in the
          manner described below for allocating Excess Aggregate Contributions
          so that the limit is not exceeded. The amount by which each Highly
          Compensated Employee's Contribution Percentage is reduced shall be
          treated as an Excess Aggregate Contribution. The ADP and ACP of the
          Highly Compensated Employees are determined after any corrections
          required to meet the ADP Test and ACP Test and are deemed to be the
          maximum permitted under such tests for the Plan Year. Multiple use
          does not occur if either the ADP or ACP of the Highly Compensated
          Employees does not exceed 1.25 multiplied by the ADP and ACP,
          respectively, of the Nonhighly Compensated Employees.

          The Contribution Percentage for any Eligible Participant who is a
          Highly Compensated Employee for the Plan Year and who is eligible to
          have Contribution Percentage Amounts allocated to his account under
          two or more plans described in Code Section 401(a) or arrangements
          described in Code Section 401(k) that are maintained by the Employer
          or a Controlled Group member shall be determined as if the total of
          such Contribution Percentage Amounts was made under each plan. If a
          Highly Compensated Employee participates in two or more cash or
          deferred arrangements that have different plan years, all cash or
          deferred arrangements ending with or within the same calendar year
          shall be treated as a single arrangement. The foregoing
          notwithstanding, certain plans shall be treated as separate if
          mandatorily disaggregated under the regulations of Code Section
          401(m).

          In the event this Plan satisfies the requirements of Code Section
          401(m), 401(a)(4), or 410(b) only if aggregated with one or more other
          plans, or if one or more other plans satisfy the requirements of such
          Code sections only if aggregated with this Plan, then this section
          shall be applied by determining the Contribution Percentage of
          Employees as if all such plans were a single plan. Any adjustments to
          the Nonhighly Compensated Employee ACP for the prior year shall be
          made in accordance with Internal Revenue Service Notice 98-1 (or
          superseding guidance), unless the Employer has elected to use the
          current year testing method. Plans may be

<PAGE>

          aggregated in order to satisfy Code Section 401(m) only if they have
          the same plan year and use the same testing method for the ACP Test.

          For purposes of the ACP Test, Participant Contributions are considered
          to have been made in the Plan Year in which contributed to the Plan.
          Matching Contributions and Qualified Nonelective Contributions will be
          considered to have been made for a Plan Year if made no later than the
          end of the 12-month period beginning on the day after the close of the
          Plan Year.

          The Employer shall maintain records sufficient to demonstrate
          satisfaction of the ACP Test and the amount of Qualified Nonelective
          Contributions or Qualified Matching Contributions, or both, used in
          such test.

          Notwithstanding any other provisions of this Plan, Excess Aggregate
          Contributions, plus any income and minus any loss allocable thereto,
          shall be forfeited, if not vested, or distributed, if vested, no later
          than the last day of each Plan Year to Participants to whose Accounts
          such Excess Aggregate Contributions were allocated for the preceding
          Plan Year. Excess Aggregate Contributions are allocated to the Highly
          Compensated Employees with the largest Contribution Percentage Amounts
          taken into account in calculating the ACP Test for the year in which
          the excess arose, beginning with the Highly Compensated Employee with
          the largest amount of such Contribution Percentage Amounts and
          continuing in descending order until all of the Excess Aggregate
          Contributions have been allocated. For purposes of the preceding
          sentence, the "largest amount" is determined after distribution of any
          Excess Aggregate Contributions. If such Excess Aggregate Contributions
          are distributed more than 2 1/2 months after the last day of the Plan
          Year in which such excess amounts arose, a 10 percent excise tax shall
          be imposed on the employer maintaining the plan with respect to such
          amounts.

          Excess Aggregate Contributions shall be treated as Annual Additions,
          as defined in the CONTRIBUTION LIMITATION SECTION of this article.

          The Excess Aggregate Contributions shall be adjusted for income or
          loss. The income or loss allocable to such Excess Aggregate
          Contributions allocated to each Participant shall be equal to the
          income or loss allocable to the Participant's Contribution Percentage
          Amounts for the Plan Year in which the excess occurred multiplied by a
          fraction. The numerator of the fraction is the Excess Aggregate
          Contributions. The denominator of the

<PAGE>

          fraction is the closing balance without regard to any income or loss
          occurring during such Plan Year (as of the end of such Plan Year) of
          the Participant's Account resulting from Contribution Percentage
          Amounts.

          Excess Aggregate Contributions allocated to a Participant shall be
          distributed from the Participant's Account resulting from Participant
          Contributions that are not required as a condition of employment or
          participation or for obtaining additional benefits from Employer
          Contributions. If such Excess Aggregate Contributions exceed the
          balance in the Participant's Account resulting from such Participant's
          Contributions, the balance shall be forfeited, if not vested, or
          distributed, if vested, on a pro-rata basis from the Participant's
          Account resulting from Contribution Percentage Amounts.

     (e)  Employer Elections. The Employer has not made an election to use the
          current year testing method.

SECTION 3.06--PROHIBITED ALLOCATIONS OF QUALIFYING EMPLOYER SECURITIES

     Notwithstanding any contrary provision of the Plan, Qualifying Employer
Securities will not be allocated under the following circumstances.

     (a)  Sale under Code Section 1042. Qualifying Employer Securities that have
          been acquired by the Plan in a sale to which Code Section 1042 applies
          shall not be allocated during the non-allocation period directly or
          indirectly under the Plan (or any qualified plan of any Employer) to
          the Accounts of:

          (1)  The individual who makes the election under Code Section 1042.

          (2)  Any individual who is related (within the meaning of Code Section
               267(b)) to the individual who makes the election under Code
               Section 1042. However, this paragraph shall not apply to lineal
               descendents of the individual who makes the election under Code
               Section 1042, provided that the aggregate amount allocated to the
               benefit of such lineal descendents during the non-allocation
               period does not exceed than five percent (5%) of the Qualifying
               Employer Securities (or amounts allocated in lieu thereof) held
               by the Plan which are attributable to a sale to the Plan by any
               person related to such descendents (within the meaning of Code
               Section 267(c)(4)) in a transaction subject to Code Section 1042.

<PAGE>

     The "non-allocation period" is the period for this purpose beginning on the
date of the sale of the Qualifying Employer Securities to the Plan and ending on
the later of the date which is ten (10) years after the date of sale or the date
of the allocation attributable to the final payment of an Exempt Loan incurred
in connection with such sale to the Plan.

     Further, notwithstanding any contrary provision of the Plan, Qualifying
Employer Securities that have been acquired by the Plan in a sale to which Code
Section 1042 applies shall not be allocated, during or after the non-allocation
period, directly or indirectly under the Plan (or any qualified plan of any
Employer) to the Account of any individual who owns (after application of the
aggregation rules of Code Section 318(a) applied without regard to the employee
trust exception in Code Section 318(a)(2)(B)(i)) more than twenty-five percent
(25%) of any class of outstanding stock of any Employer, or the total value of
any class of outstanding stock of the Employer.

     (b)  S-Corporation Shareholders. For Plan Years beginning after December
          31, 2004, if the Plan holds Qualifying Employer Securities of an S
          Corporation, no allocations of such Qualifying Employer Securities
          shall be made to disqualified persons during any nonallocation year.
          The terms "disqualified person" and "nonallocation year" shall have
          the meaning set forth under Code Section 409(p).

                                   ARTICLE IV

                           INVESTMENT OF CONTRIBUTIONS

SECTION 4.01--INVESTMENT AND TIMING OF CONTRIBUTIONS.

     The handling of Contributions is governed by the provisions of the Trust
Agreement, the Annuity Contract, and any other funding arrangement in which the
Plan Fund is or may be held or invested. To the extent permitted by the Trust
Agreement, Annuity Contract, or other funding arrangement, the parties named
below shall direct the Contributions to the guaranteed benefit policy portion of
the Annuity Contract, any of the investment options available under the Annuity
Contract, or any of the investment vehicles available under the Trust Agreement
and may request the transfer of amounts resulting from those Contributions
between such investment options and investment vehicles or the transfer of
amounts between the guaranteed benefit policy portion of the Annuity Contract
and such investment options and investment vehicles.

     The Plan, other than the ESOP Matching Contribution Account and the ESOP

<PAGE>

Non-Matching Contribution Account, is intended to qualify under ERISA Section
404(c). Accordingly, a Participant or Beneficiary (following the death of the
Participant) generally shall be allowed to direct the investment of his/her
Contributions (other than his/her ESOP Matching and Non-Matching Contributions),
and a Participant, Beneficiary or Alternate Payee generally shall be allowed to
direct the investment of his/her Account (other than his/her ESOP Matching and
Non-Matching Contribution Accounts) among the guaranteed benefit policy portion
of the Annuity Contract, any of the investment options available under the
Annuity Contract, or any of the investment vehicles available under the Trust
Agreement excluding the Qualifying Employer Securities Fund. Any investment
direction may be given in such percentage or dollar increments, in such manner
and in accordance with such other rules as may be prescribed for this purpose by
the Plan Administrator (including by means of a voice response or other
electronic system under circumstances so authorized by the Employer). Investment
directions will be processed as soon as administratively practicable after
proper investment directions are received from the Participant, Beneficiary or
Alternate Payee. The Plan provides no guarantee that investment directions will
be processed on a daily basis, and provides no guarantee in any respect as to
the processing time of an investment direction. Circumstances may arise from
time to time where investment direction is not available under the Plan (for
example, a "blackout period" may be imposed to facilitate account or fund
transitions). The Plan Administrator further reserves the right to delay any
investment transaction for any legitimate business reason (including, but not
limited to, failure of systems or computer programs, failure of the means of the
transmission of data, force majeure, the failure of a record keeper to timely
receive values or prices, to correct for its errors or omissions or the errors
or omissions of any record keeper or other service provider). With respect to
any investment transaction, the processing date of the transaction will be
considered the applicable Valuation Date for that transaction and will be
binding for all purposes of the Plan. All investment directions will be complete
as to the terms of the investment transaction and will remain in effect until a
new investment direction is filed by the Participant, Beneficiary or Alternate
Payee.

     A Participant, Beneficiary or Alternate Payee may not direct the Trustee or
Insurer to invest the Participant's Account in collectibles. Collectibles mean
any work of art, rug or antique, metal or gem, stamp or coin, alcoholic
beverage, or other tangible personal property specified by the Secretary of the
Treasury. However, for tax years beginning after December 31, 1997, certain
coins and bullion as provided in Code Section 408(m)(3) shall not be considered
collectibles. To the extent that a Participant who has investment direction
fails to give timely direction, the Primary Employer shall direct the investment
of his Account. If the Primary Employer has investment direction, such Account
shall be invested ratably in the guaranteed benefit policy portion of the
Annuity Contract, the investment options available under the Annuity Contract,
or the investment vehicles available under the Trust Agreement in the same
manner as the Accounts of all

<PAGE>

other Participants who do not direct their investments. The Primary Employer
shall have investment direction for amounts which have not been allocated to
Participants. To the extent an investment is no longer available, the Primary
Employer may require that amounts currently held in such investment be
reinvested in other investments.
     At least annually, the Named Fiduciary shall review all pertinent Employee
information and Plan data in order to establish the funding policy of the Plan
and to determine appropriate methods of carrying out the Plan's objectives. The
Named Fiduciary shall inform the Trustee and any Investment Manager of the
Plan's short-term and long-term financial needs so the investment policy can be
coordinated with the Plan's financial requirements.

     (a)  Employer Contributions other than Elective Deferral Contributions,
          ESOP Matching Contributions and ESOP Non-Matching Contributions: The
          Participant shall direct the investment of Elective Deferral
          Contributions and transfer of amounts resulting from those
          Contributions.

     (b)  Elective Deferral Contributions: The Participant shall direct the
          investment of Elective Deferral Contributions and transfer of amounts
          resulting from those Contributions.

     (c)  Rollover Contributions: The Participant shall direct the investment of
          Rollover Contributions and transfer of amounts resulting from those
          Contributions.

     (d)  ESOP Matching Contributions and ESOP Non-Matching Contributions: These
          amounts shall be invested in Qualifying Employer Securities.

     However, the Named Fiduciary may delegate to the Investment Manager
investment discretion for Contributions and amounts which are not subject to
Participant direction.

     The Employer shall pay to the Insurer or Trustee, as applicable, the
Elective Deferral Contributions for each Plan Year not later than the end of the
12-month period immediately following the Plan Year for which they are deemed to
be paid.

     All Contributions are forwarded by the Employer be held under the terms of
the Custodial Agreement, as applicable. Contributions that are accumulated
through payroll deduction shall be paid to the Trustee or Insurer, as
applicable, by the earlier of (i) the date the Contributions can reasonably be
segregated from the Employer's assets, or (ii) the 15th business day of the
month following the month in which the Contributions would otherwise have been
paid in cash to the Participant.

<PAGE>

SECTION 4.02--INVESTMENT IN QUALIFYING EMPLOYER SECURITIES.

          (a)  ESOP Designation. The portion of the Plan that consists of the
               ESOP Matching Contribution Accounts, the ESOP Non-Matching
               Contribution Accounts and the Unallocated Reserve is an employee
               stock ownership plan (within the meaning of Code Section
               4975(e)(7)) and is designed to invest primarily in Qualifying
               Employer Securities. All shares of Qualifying Employer Securities
               held under the Plan will be held in the Trust Fund in the name of
               the Trustee or the nominee of the Trustee.

          (b)  Diversification of Employer Stock Investments into Other
               Investment Options. Except as provided in this subsection and
               subsection (c), a Participant may not direct the investment of
               his or her ESOP Matching Contribution Account or ESOP
               Non-Matching Contribution Account.

               (1)  Diversification Election: Each Participant, Beneficiary and
                    Alternate Payee may make an election at any time during the
                    Plan Year to direct the Trustee in writing as to the
                    investment of 33 and 1/3 percent of the number of shares of
                    Qualifying Employer Securities credited to his/her ESOP
                    Matching and ESOP Non-Matching Accounts as of the last day
                    of the previous Plan Year. If the Participant, Beneficiary
                    or Alternate Payee elects to diversify less than the maximum
                    number of shares of Qualifying Employer Securities eligible
                    to diversified under this paragraph, the Participant,
                    Beneficiary or Alternate Payee may make a second election
                    during the Plan Year to diversify some or all of the
                    remaining number of shares of Qualifying Employer Securities
                    eligible for diversification under this paragraph.

               (2)  Procedures: The elections under this section must be made in
                    such manner and in accordance with such rules as may be
                    prescribed for this purpose by the Employer. Any amounts in
                    the ESOP Matching and ESOP Non-Matching Account with respect
                    to which a Participant, Beneficiary or Alternate Payee
                    elects to direct investment pursuant to this Section shall
                    be transferred to a Diversification Account and invested as
                    the Participant, Beneficiary or Alternate Payee directs
                    pursuant to

<PAGE>

                    Section 4.01.

          (c)  Statutory Diversification. Each Qualified Account Holder shall be
               eligible to make an additional diversification election with
               respect to the Qualifying Employer Securities

               (1)  Diversification Election: Each Qualified Account Holder may
                    make an election within ninety (90) days after the close of
                    each Plan Year during the Qualified Election Period to
                    direct the Trustee in writing as to the investment of 25
                    percent of the number of shares of Qualifying Employer
                    Securities that have ever been credited to his or her ESOP
                    Matching and ESOP Non-Matching Accounts, reduced by the
                    number of shares of Qualifying Employer Securities that have
                    previously been diversified pursuant to either subsection
                    (b) or this subsection (c).

               (2)  Final Election: For the last Plan Year in the Qualified
                    Election Period, 50 percent shall be substituted for 25
                    percent in paragraph (1) above.

               (3)  Procedures: The elections under this section must be made in
                    such manner and in accordance with such rules as may be
                    prescribed for this purpose by the Employer. If the
                    Qualified Account Holder elects to direct the Trustee as to
                    the investment of his ESOP Matching and ESOP Non-Matching
                    Accounts, such direction shall be effective no later than
                    180 days after the close of the Plan Year to which such
                    direction applies. Any amounts in the ESOP Matching and ESOP
                    Non-Matching Account with respect to which a Qualified
                    Account Holder elects to direct investment pursuant to this
                    Section shall be transferred to a Diversification Account
                    and invested as the Qualified Account Holder directs
                    pursuant to Section 4.01.

               (4)  Definition of Qualified Account Holder: For purposes of this
                    section, "Qualified Account Holder" means a Participant or
                    former Participant who on the last day of the Plan Year has
                    completed at least ten (10) years of participation in the
                    Plan and has attained age 55, or the Beneficiary or
                    Alternate Payee with respect to such Participant or former
                    Participant.

<PAGE>

               (5)  Definition of Qualified Election Period: For purposes of
                    this section, "Qualified Election Period means the six Plan
                    Year period beginning with the Plan Year in which the
                    Participant first becomes a Qualified Participant.

               (6)  Special Distribution Rule for ESOP Non-Matching Account: To
                    the extent that the diversification election provided under
                    this subsection (c) (without taking into account amounts
                    previously diversified under subsection (b)) allows for the
                    diversification of Qualifying Employer Securities allocated
                    to the ESOP Non-Matching Account of the Qualified Account
                    holder as of April 30, 2003, the Qualified Account Holder
                    may elect to receive a lump sum distribution of those
                    Qualifying Employer Securities in lieu of having those
                    Qualifying Employer Securities transferred to a
                    Diversification Account.

          (d)  Dividends. For purposes of determining dividends, shares of
               Qualifying Employer Securities shall be deemed to be credited to
               the ESOP Matching or Non-Matching Contribution Account of a
               Participant, Beneficiary or Alternate Payee as of the record date
               of a dividend if they are credited to his/her ESOP Matching or
               Non-Matching Contribution Account as of the close of the day
               prior to the ex-date of such dividend (or, if the ex-date is
               after the record date, as of the close of the day prior to the
               record date).

               (1)  Stock Dividend. In the event of any stock dividend or any
                    stock split, such dividend or split shall be credited to the
                    Accounts based on the number of shares of Qualifying
                    Employer Securities credited to each Account as of the
                    payable date of such dividend or split.

               (2)  Cash Dividend. As determined by the Employer, cash dividends
                    paid on shares of Qualifying Employer Securities credited to
                    an ESOP Matching or Non-Matching Contribution Account of a
                    Participant, Beneficiary or Alternate Payee as of the record
                    date of such dividend will be either (i) applied to repay an
                    Exempt Loan then outstanding (but only if such Qualifying
                    Employer Security is attributable to such Exempt Loan); (ii)
                    made subject to the election procedure described in

<PAGE>

                    paragraph (3) below; or (iii) retained in the Trust and
                    treated as net income of the Trust. The Employer shall not
                    direct that dividends paid on shares of Qualifying Employer
                    Securities held in the ESOP Matching or Non-Matching
                    Contribution Accounts be applied to repay an Exempt Loan,
                    unless the shares of Qualifying Employer Securities released
                    from the Unallocated Reserve will have a value at least
                    sufficient to allow for the full allocation required in step
                    one under the allocation of ESOP Non-Matching Contributions
                    provisions of the ALLOCATIONS SECTION of Article 3 (the
                    Employer may make ESOP Non-Matching Contributions necessary
                    to allow for such full allocation).

               (3)  Cash Dividend Election. If the Employer elects, cash
                    dividends paid on shares of Qualifying Employer Securities
                    credited to an ESOP Matching or Non-Matching Account of a
                    Participant, Beneficiary or Alternate Payee as of the record
                    date of such dividend will be:

                    (A)  Paid to the Participant, Beneficiary or Alternate Payee
                         if so elected under the procedure outlined below; or

                    (B)  Otherwise, added to the balance of his/her Account as
                         soon as administratively practicable after such
                         dividends are paid into the Trust Fund.

               A Participant, Beneficiary or Alternate Payee may elect to have
               cash dividends on shares of Qualifying Employer Securities
               credited to his/her ESOP Matching and ESOP Non-Matching Accounts
               either paid to him/her in cash or added to the balance of his/her
               Account and reinvested in Qualifying Employer Securities. Cash
               dividends that the Participant, Beneficiary or Alternate Payee
               elects to receive in cash will be paid on or as soon as
               administratively practicable following the payable date of such
               dividend. Cash dividends that the Participant, Beneficiary or
               Alternate Payee elects to have reinvested in Qualifying Employer
               Securities will be credited to a separate source account that
               reflects only such cash dividends, and shall be reinvested in
               additional shares of Qualifying Employer Securities on or as soon
               as administratively practicable following the payable date of
               such dividend.

<PAGE>

               Shares of Qualifying Employer Securities shall be deemed to be
               credited to the ESOP Matching or ESOP Non-Matching Account of a
               Participant, Beneficiary or Alternate Payee as of the record date
               of a dividend if they are credited to his/her ESOP Matching or
               ESOP Non-Matching Account as of the close of the day prior to the
               ex-date of such dividend (or, if the ex-date is after the record
               date, as of the close of the day prior to the record date).

               An election hereunder must be made in such manner and in
               accordance with such rules as may be prescribed for this purpose
               by the Plan Administrator (including by means of a voice response
               or other electronic system under circumstances so authorized by
               the Plan Administrator). In the absence of an affirmative
               election received by the deadline established for this purpose by
               the Plan Administrator (which shall be no less than thirty (30)
               days after notice of the dividend election is provided), a
               Participant, Beneficiary or Alternate Payee will be deemed to
               have elected to have cash dividends added to his/her Account and
               reinvested in Qualifying Employer Securities. To the extent so
               prescribed by the Plan Administrator, an election hereunder will
               be "evergreen" - that is, it will continue to apply until changed
               by the Participant, Beneficiary or Alternate Payee. Under the
               rules prescribed by the Plan Administrator, a Participant,
               Beneficiary or Alternate Payee shall be allowed to revise his/her
               election no less than once a year, and if there is a change in
               the terms of the Plan governing the manner in which dividends are
               paid or distributed, a Participant, Beneficiary or Alternate
               Payee shall be allowed a reasonable opportunity to make a new
               election.

               The Account of a Participant, Beneficiary or Alternate Payee may
               be charged with the distribution costs (for example, the actual
               check-writing fee) of any distribution made at his/her election
               under this Section.

          (e)  Authorization for Exempt Loan. The Employer may direct that the
               Plan engage in an Exempt Loan that satisfies the following
               requirements:

               (1)  Lender. The Exempt Loan may be made by the Employer or any
                    lender acceptable to the Employer, and may be made or
                    guaranteed by a party in interest (as defined in ERISA

<PAGE>

                    Section 3(14)) or a disqualified person (as defined in Code
                    Section 4975).

               (2)  Use of Loan Proceeds. The Exempt Loan must be used within a
                    reasonable time after receipt to acquire shares of
                    Qualifying Employer Securities for the Unallocated Reserve
                    or to repay a prior Exempt Loan (or for any combination of
                    the foregoing purposes).

               (3)  No Recourse Against Trust Fund. The Exempt Loan must be
                    without recourse against the Plan except that:

                    (i)   The Qualifying Employer Securities acquired with the
                          proceeds of the Exempt Loan may be pledged or
                          otherwise used to secure repayment of the Exempt Loan,
                          and the Qualifying Employer Securities acquired with
                          the proceeds of a prior Exempt Loan which is repaid
                          with the proceeds of the Exempt Loan may be pledged or
                          otherwise used to secure repayment of the Exempt Loan,
                          and

                    (ii)  Any ESOP Non-Matching Contributions that are made for
                          the purpose of satisfying the obligations under the
                          Exempt Loan (and earnings thereon) may be pledged or
                          otherwise used to secure repayment of the Exempt Loan,
                          and

                    (iii) The earnings attributable to shares of Qualifying
                          Employer Securities acquired with the proceeds of an
                          Exempt Loan may be used to repay that Exempt Loan or
                          any renewal or extension thereof, and

                    (iv)  The earnings attributable to unallocated shares of
                          Qualifying Employer Securities that were acquired with
                          the proceeds of an Exempt Loan may be pledged or
                          otherwise used as security for another Exempt Loan.

               (4)  Term of Loan. The Exempt Loan must provide for principal and
                    interest to be paid over a specific term, and not payable
                    upon demand except in the event of default.

<PAGE>

               (5)  Release of Shares from Unallocated Reserve. The number of
                    shares released each Plan Year shall equal "A" multiplied by
                    "B" where:

                    "A" = the number of shares held in the Unallocated Reserve
                    immediately before the release;

                    "B" = a fraction, the numerator of which is equal to the
                    principal and interest paid on the Exempt Loan for the Plan
                    Year and the denominator of which is equal to the sum of the
                    numerator and the total principal and interest scheduled to
                    be paid on the Exempt Loan for all future Plan Years
                    (without consideration of possible extensions or renewal
                    periods).

                    If the interest rate under the Exempt Loan is variable, the
                    amount of interest to be paid in future Plan Years shall be
                    calculated by using the interest rate in effect on the last
                    day of the current Plan Year.

                    If an Exempt Loan is repaid as a result of a refinancing by
                    another Exempt Loan, such repayment shall not be considered
                    a repayment under this subsection and the release of shares
                    thereafter shall be determined by aggregating principal and
                    interest on the loan and any refinancing of the loan.

               (6)  Interest Rate. The Exempt Loan must bear interest at a fixed
                    or variable rate that is not in excess of a reasonable rate
                    of interest considering all relevant factors (including, but
                    not limited to, the amount and duration of the loan, the
                    security given, the guarantees involved, the credit standing
                    of the Plan, the Employer, and the guarantors, and the
                    generally prevailing rates of interest).

               (7)  Default. The Exempt Loan must provide that, in the event of
                    default, the fair market value of Qualifying Employer
                    Securities and other assets which can be transferred in
                    satisfaction of the loan must not exceed the amount of the
                    loan. If the lender is a party in interest or disqualified
                    person, the loan must provide for a transfer of Plan assets
                    upon default only upon and to the extent of the failure of
                    the Plan to satisfy the payment schedule of the Exempt Loan.

<PAGE>

               (8)  Restrictions. Unless required under Code Section 409(h), no
                    options, puts, call, rights of first refusal or other
                    restrictions on alienability will attach to any shares of
                    Qualifying Employer Securities acquired with the proceeds of
                    an Exempt Loan and held in the Trust Fund or distributed
                    from the Plan, whether or not this Plan continues to be an
                    employee stock ownership plan with the meaning of Code
                    Section 4975(e)(7).

          (f)  Valuation of Qualifying Employer Securities. For purposes of
               determining the annual valuation of the Plan, and for reporting
               to Participants and regulatory authorities, the assets of the
               Plan shall be valued at least annually on the Valuation Date
               which corresponds to the last day of the Plan Year. The fair
               market value of Qualifying Employer Securities shall be
               determined on such Valuation Date. The prices of Qualifying
               Employer Securities as of the date of the transaction shall apply
               for purposes of valuing distributions and other transactions of
               the Plan to the extent such value is representative of the fair
               market value of such securities in the opinion of the Plan
               Administrator. The value of a Participant's Account held in the
               Qualifying Employer Securities Fund may be expressed in units.

               If the Qualifying Employer Securities are not publicly traded, or
               if an extremely thin market exists for such securities so that
               reasonable valuation may not be obtained from the market place,
               then such securities must be valued at least annually by an
               independent appraiser who is not associated with the Employer,
               the Plan Administrator, the Trustee, or any person related to any
               fiduciary under the Plan. The independent appraiser may be
               associated with a person who is merely a contract administrator
               with respect to the Plan, but who exercises no discretionary
               authority and is not a plan fiduciary.

               If there is a public market for Qualifying Employer Securities of
               the type held by the Plan, then the Plan Administrator may use as
               the value of the securities the price at which such securities
               trade in such market. If the Qualifying Employer Securities do
               not trade on the relevant date, or if the market is very thin on
               such date, then the Plan Administrator may use for the valuation
               the next preceding trading day on which the trading prices are
               representative of the fair market

<PAGE>

               value of such securities in the opinion of the Plan
               Administrator.

          (g)  Purchases or Sales of Qualifying Employer Securities. The Plan
               Administrator may direct the Trustee to sell, resell, or
               otherwise dispose of Qualifying Employer Securities to any
               person, including the Employer, provided that any such sales to
               any disqualified person or party-in-interest, including the
               Employer, will be made at not less than the fair market value and
               no commission will be charged. Any such sale shall be made in
               conformance with ERISA Section 408(e). If it is necessary to
               purchase Qualifying Employer Securities for the Trust Fund, such
               purchase may be on the open market or from the Employer or any
               member of the Controlled Group. All purchases of Qualifying
               Employer Securities shall be made at a price, or prices, which,
               in the judgement of the Plan Administrator, do not exceed the
               fair market value of such securities. If shares are purchase from
               or sold to the Employer or a member of the Controlled Group, the
               purchase or sale will be made at the price determined under
               paragraph (f) above.

               In the event that the Trustee acquires Qualifying Employer
               Securities by purchase from a "disqualified person" as defined in
               Code Section 4975(e)(2) or from a "party-in-interest" as defined
               in ERISA Section 3(14), the terms of such purchase shall contain
               the provision that in the event there is a final determination by
               the Internal Revenue Service, the Department of Labor, or court
               of competent jurisdiction that the fair market value of such
               securities as of the date of purchase was less than the purchase
               price paid by the Trustee, then the seller shall pay or transfer,
               as the case may be, to the Trustee an amount of cash or shares of
               Qualifying Employer Securities equal in value to the difference
               between the purchase price and such fair market value for all
               such shares. In the event that cash or shares of Qualifying
               Employer Securities are paid or transferred to the Trustee under
               this provision, such securities shall be valued at their fair
               market value as of the date of such purchase, and interest at a
               reasonable rate from the date of purchase to the date of payment
               or transfer shall be paid by the seller on the amount of cash
               paid.

          (h)  Compliance with Securities Laws. The Employer is responsible for
               compliance with any applicable Federal or state securities law
               with respect to all aspects of the Plan except for the Trustee's
               obligation

<PAGE>

               to report its ownership of Qualifying Employer Securities. If the
               Qualifying Employer Securities or interest in this Plan are
               required to be registered in order to permit investment in the
               Qualifying Employer Securities Fund as provided in this section,
               then such investment will not be effective until the later of the
               effective date of the Plan or the date such registration or
               qualification is effective. The Employer, at its own expense,
               will take or cause to be taken any and all such actions as may be
               necessary or appropriate to effect such registration or
               qualification. Further, if the Trustee is directed to dispose of
               any Qualifying Employer Securities held under the Plan under
               circumstances which require registration or qualification of the
               securities under applicable Federal or state securities laws,
               then the Employer will, at its own expense, take or cause to be
               taken any and all such action as may be necessary or appropriate
               to effect such registration or qualification. The Employer is
               responsible for all compliance requirements under Section 16 of
               the Securities Act.

                                    ARTICLE V

BENEFITS
SECTION 5.01--RETIREMENT BENEFITS.

     On a Participant's Retirement Date, his Vested Account shall be distributed
to him according to the distribution of benefits provisions of Article VI and
the provisions of the SMALL AMOUNTS SECTION of Article X.

SECTION 5.02--DEATH BENEFITS.

     If a Participant dies before his Annuity Starting Date, his Vested Account
shall be distributed according to the distribution of benefits provisions of
Article VI and the provisions of the SMALL AMOUNTS SECTION of Article X.

SECTION 5.03--VESTED BENEFITS.

     If an Inactive Participant's Vested Account is not payable under the SMALL
AMOUNTS SECTION of Article X, he may elect, but is not required, to receive a
distribution of his Vested Account after he ceases to be an Employee. The
Participant's election shall be subject to his spouse's consent as provided in
the ELECTION PROCEDURES SECTION of Article VI. A distribution under this
paragraph shall be a retirement benefit and shall be distributed to the
Participant according to the distribution

<PAGE>

of benefits provisions of Article VI.

     A Participant may not elect to receive a distribution under the provisions
of this section after he again becomes an Employee until he subsequently ceases
to be an Employee and meets the requirements of this section.

     If an Inactive Participant does not receive an earlier distribution, upon
his Retirement Date or death, his Vested Account shall be distributed according
to the provisions of the RETIREMENT BENEFITS SECTION or the DEATH BENEFITS
SECTION of Article V.

     The Nonvested Account of an Inactive Participant who has ceased to be an
Employee shall remain a part of his Account until it becomes a Forfeiture.
However, if he again becomes an Employee so that his Vesting Percentage can
increase, the Nonvested Account may become a part of his Vested Account.

SECTION 5.04--WHEN BENEFITS START.
     (a)  Unless otherwise elected, benefits shall begin before the 60th day
          following the close of the Plan Year in which the latest date below
          occurs:

          (1)  The date the Participant attains age 65 (or Normal Retirement
               Age, if earlier).

          (2)  The 10th anniversary of the Participant's Entry Date.

          (3)  The date the Participant ceases to be an Employee.

     Notwithstanding the foregoing, the failure of a Participant and spouse to
consent to a distribution while a benefit is immediately distributable, within
the meaning of the ELECTION PROCEDURES SECTION of Article VI, shall be deemed to
be an election to defer the start of benefits sufficient to satisfy this
section.

     The Participant may elect to have his benefits begin after the latest date
for beginning benefits described above, subject to the following provisions of
this section. The Participant shall make the election in writing. Such election
must be made before his Normal Retirement Date or the date he ceases to be an
Employee, if later. The election must describe the form of distribution and the
date benefits will begin. The Participant shall not elect a date for beginning
benefits or a form of distribution that would result in a benefit payable when
he dies which would be more than incidental within the meaning of governmental
regulations.

<PAGE>

     Benefits shall begin on an earlier date if otherwise provided in the Plan.
For example, the Participant's Retirement Date or Required Beginning Date, as
defined in the DEFINITIONS SECTION of Article VII.

     (b)  The Participant's Vested Account which results from Elective Deferral
          Contributions may not be distributed to a Participant or to his
          Beneficiary (or Beneficiaries) in accordance with the Participant's or
          Beneficiary's (or Beneficiaries') election, earlier than separation
          from service, death, or disability. Such amount may also be
          distributed upon:

          (1)  Termination of the Plan, as permitted in Article VIII.

          (2)  The disposition by the Employer, if the Employer is a
               corporation, to an unrelated corporation of substantially all of
               the assets, within the meaning of Code Section 409(d)(2), used in
               a trade or business of the Employer if the Employer continues to
               maintain the Plan after the disposition, but only with respect to
               Employees who continue employment with the corporation acquiring
               such assets.

          (3)  The disposition by the Employer, if the Employer is a
               corporation, to an unrelated entity of the Employer's interest in
               a subsidiary, within the meaning of Code Section 409(d)(3), if
               the Employer continues to maintain the Plan, but only with
               respect to Employees who continue employment with such
               subsidiary.

          (4)  The hardship of the Participant as permitted in the WITHDRAWAL
               BENEFITS SECTION of this article.

          All distributions that may be made pursuant to one or more of the
          foregoing distributable events will be a retirement benefit and shall
          be distributed to the Participant according to the distribution of
          benefit provisions of Article VI. In addition, distributions that are
          triggered by (1), (2) and (3) above must be made in a lump sum. A lump
          sum shall include a distribution of an annuity contract.

     (c)  The Participant's Vested Account which results from ESOP Matching
          Contributions and ESOP Non-Matching Contributions are subject to the
          following special distribution rights:

          (1)  After a Participant attains age 62, the Participant, until he or
               she

<PAGE>

               retires, has a continuing right to elect to receive all of his or
               her Vested ESOP Non-Matching Contribution Account.

          (2)  Unless the Participant elects in writing to have the Trustee
               apply other distribution provisions of the Plan, or unless other
               distribution provisions of the Plan require earlier distribution,
               the Trustee shall distribute the portion of the Participant's
               ESOP Matching and Non-Matching Contribution Accounts attributable
               to Qualifying Employer Securities (the "Eligible Portion") no
               later that time prescribed below:

               (A)  If the Participant terminated employment by reason of the
                    attainment of Normal Retirement Age, death or disability,
                    the Plan Administrator shall direct the Trustee to
                    distribute the Eligible Portion not later than one year
                    after the close of the Plan Year in which that event occurs.

               (B)  If the Participant terminates employment for any other
                    reason, the Plan Administrator shall direct the Trustee to
                    distribute the Eligible Portion not later than one year
                    after the close of the Plan Year in which the Participant
                    terminated employment. If the Participant resumes employment
                    with an Employer on or before the last day of the fifth Plan
                    Year following the Plan Year of his termination of
                    employment, the distribution of this subparagraph (B) do not
                    apply.

     For purposes of this paragraph (2), Qualifying Employer Securities do not
include any Qualifying Employer Securities acquired with the proceeds of an
Exempt Loan until the close of the Plan Year in which the borrower repays the
Exempt Loan in full.

SECTION 5.05--WITHDRAWAL BENEFITS.

     A Participant may withdraw any part of his Vested Account which results
from the following Contributions:

     Elective Deferral Contributions
     Rollover Contributions

in the event of hardship due to an immediate and heavy financial need.
Withdrawals from the Participant's Account resulting from Elective Deferral
Contributions shall be limited to the amount of the Participant's Elective
Deferral Contributions. Immediate and

<PAGE>

heavy financial need shall be limited to: (i) expenses incurred or necessary for
medical care, described in Code Section 213(d), of the Participant, the
Participant's spouse, or any dependents of the Participant (as defined in Code
Section 152); (ii) purchase (excluding mortgage payments) of a principal
residence for the Participant; (iii) payment of tuition, related educational
fees, and room and board expenses, for the next 12 months of post-secondary
education for the Participant, his spouse, children, or dependents; (iv) the
need to prevent the eviction of the Participant from his principal residence or
foreclosure on the mortgage of the Participant's principal residence; or (v) any
other distribution which is deemed by the Commissioner of Internal Revenue to be
made on account of immediate and heavy financial need as provided in Treasury
regulations.

     No withdrawal shall be allowed which is in excess of the amount required to
relieve the financial need or if such need can be satisfied from other resources
that are reasonably available to the Participant. The amount of an immediate and
heavy financial need may include any amount necessary to pay any Federal, state,
or local income taxes or penalties reasonably anticipated to result from the
distribution. The Participant's request for a withdrawal shall include his
written statement that the amount requested does not exceed the amount needed to
meet the financial need. The Participant's request for a withdrawal shall
include his written statement that the need cannot be relieved: (i) through
reimbursement or compensation by insurance or otherwise; (ii) by reasonable
liquidation of the Participant's assets, to the extent such liquidation would
not itself cause immediate and heavy financial need; (iii) by cessation of
elective contributions or participant contributions under the Plan; or (iv) by
other distributions or nontaxable (at the time of the loan) loans currently
available from plans maintained by the Employer or any other employer (including
currently available cash dividends on Qualifying Employer Securities), or by
borrowing from commercial sources on reasonable commercial terms.

     A request for withdrawal shall be made in such manner and in accordance
with such rules as the Employer will prescribe for this purpose (including by
means of voice response or other electronic means under circumstances the
Employer permits). Withdrawals shall be a retirement benefit and shall be
distributed to the Participant according to the distribution of benefits
provisions of Article VI. A forfeiture shall not occur solely as a result of a
withdrawal.

SECTION 5.06--LOANS TO PARTICIPANTS.

     Loans shall be made available to all Participants on a reasonably
equivalent basis. For purposes of this section, and unless otherwise specified,
Participant means any Participant or Beneficiary who is a party-in-interest as
defined in ERISA. Loans shall not be made to Highly Compensated Employees in an
amount greater than the amount made

<PAGE>

available to other Participants.

     No loans will be made to any shareholder-employee or Owner-employee. For
purposes of this requirement, a shareholder-employee means an employee or
officer of an electing small business (Subchapter S) corporation who owns (or is
considered as owning within the meaning of Code Section 318(a)(1)), on any day
during the taxable year of such corporation, more than 5 percent of the
outstanding stock of the corporation.

     A loan to a Participant shall be a Participant-directed investment of his
Account. The loan is a Trust Fund investment but no Account other than the
borrowing Participant's Account shall share in the interest paid on the loan or
bear any expense or loss incurred because of the loan.

     Loans shall be made from a Participant's Vested Account attributable to his
Elective Deferral Contributions and Rollover Contributions only.

     The number of outstanding loans shall be limited to one. No more than one
loan shall be approved for any Participant in any 12-month period. The minimum
amount of any loan shall be $1,000.

     Loans must be adequately secured and bear a reasonable rate of interest.

     The amount of the loan shall not exceed the maximum amount that may be
treated as a loan under Code Section 72(p) (rather than a distribution) to the
Participant and shall be equal to the lesser of (a) or (b) below:

     (a)  $50,000, reduced by the highest outstanding loan balance of loans
          during the one-year period ending on the day before the new loan is
          made.

     (b)  The greater of (1) or (2), reduced by (3) below:

          (1)  One-half of the Participant's Vested Account.

          (2)  $10,000.

          (3)  Any outstanding loan balance on the date the new loan is made.

For purposes of this maximum, a Participant's Vested Account does not include
any accumulated deductible employee contributions, as defined in Code Section
72(o)(5)(B), and all qualified employer plans, as defined in Code Section
72(p)(4), of the Employer and any Controlled Group member shall be treated as
one plan.

<PAGE>

     The foregoing notwithstanding, the amount of such loan shall not exceed 50
percent of the amount of the Participant's Vested Account. For purposes of this
maximum, a Participant's Vested Account does not include any accumulated
deductible employee contributions, as defined in Code Section 72(o)(5)(B). No
collateral other than a portion of the Participant's Vested Account (as limited
above) shall be accepted. The Loan Administrator shall determine if the
collateral is adequate for the amount of the loan requested.

     A Participant must obtain the consent of his spouse, if any, to the use of
the Vested Account as security for the loan. Spousal consent shall be obtained
no earlier than the beginning of the 90-day period that ends on the date on
which the loan to be so secured is made. The consent must be in writing, must
acknowledge the effect of the loan, and must be witnessed by a plan
representative or a notary public. Such consent shall thereafter be binding with
respect to the consenting spouse or any subsequent spouse with respect to that
loan. A new consent shall be required if the Vested Account is used for
collateral upon renegotiation, extension, renewal, or other revision of the
loan. No consent shall be required if subparagraph (d) of the ELECTION
PROCEDURES SECTION of Article VI applies.

     If a valid spousal consent has been obtained in accordance with the above,
or spousal consent is not required, then, notwithstanding any other provision of
this Plan, the portion of the Participant's Vested Account used as a security
interest held by the Plan by reason of a loan outstanding to the Participant
shall be taken into account for purposes of determining the amount of the Vested
Account payable at the time of the death or distribution, but only if the
reduction is used as repayment of the loan. If spousal consent is required and
less than 100 percent of the Participant's Vested Account (determined without
regard to the preceding sentence) is payable to the surviving spouse, then the
Vested Account shall be adjusted by first reducing the Vested Account by the
amount of the security used as repayment of the loan, and then determining the
benefit payable to the surviving spouse.
     Each loan shall bear a reasonable fixed rate of interest to be determined
by the Loan Administrator. In determining the interest rate, the Loan
Administrator shall take into consideration fixed interest rates currently being
charged by commercial lenders for loans of comparable risk on similar terms and
for similar durations, so that the interest will provide for a return
commensurate with rates currently charged by commercial lenders for loans made
under similar circumstances. The Loan Administrator shall not discriminate among
Participants in the matter of interest rates; but loans granted at different
times may bear different interest rates in accordance with the current
appropriate standards.

<PAGE>

     The loan shall by its terms require that repayment (principal and interest)
be amortized in level payments, not less frequently than quarterly, over a
period not extending beyond five years from the date of the loan. The period of
repayment for any loan shall be arrived at by mutual agreement between the Loan
Administrator and the Participant.

     The Participant shall make an application for a loan in such manner and in
accordance with such rules as the Employer shall prescribe for this purpose
(including by means of voice response or other electronic means under
circumstances the Employer permits). The application must specify the amount and
duration requested.

     Information contained in the application for the loan concerning the
income, liabilities, and assets of the Participant will be evaluated to
determine whether there is a reasonable expectation that the Participant will be
able to satisfy payments on the loan as due. Additionally, the Loan
Administrator will pursue any appropriate further investigations concerning the
creditworthiness and credit history of the Participant to determine whether a
loan should be approved.

     Each loan shall be fully documented in the form of a promissory note signed
by the Participant for the face amount of the loan, together with interest
determined as specified above.

     There will be an assignment of collateral to the Plan executed at the time
the loan is made.

     In those cases where repayment through payroll deduction is available,
installments are so payable, and a payroll deduction agreement shall be executed
by the Participant at the time the loan is made. Loan repayments that are
accumulated through payroll deduction shall be paid to the Trustee by the
earlier of (i) the date the loan repayments can reasonably be segregated from
the Employer's assets, or (ii) the 15th business day of the month following the
month in which such amounts would otherwise have been paid in cash to the
Participant.

     Where payroll deduction is not available, payments in cash are to be timely
made. Any payment that is not by payroll deduction shall be made payable to the
Employer or the Trustee, as specified in the promissory note, and delivered to
the Loan Administrator, including prepayments, service fees and penalties, if
any, and other amounts due under the note. The Loan Administrator shall deposit
such amounts into the Plan as soon as administratively practicable after they
are received, but in no event later than the 15th business day of the month
after they are received.

<PAGE>

     The promissory note may provide for reasonable late payment penalties and
service fees. Any penalties or service fees shall be applied to all Participants
in a nondiscriminatory manner. If the promissory note so provides, such amounts
may be assessed and collected from the Account of the Participant as part of the
loan balance.

     Each loan may be paid prior to maturity, in part or in full, without
penalty or service fee, except as may be set out in the promissory note.

     The Plan shall suspend loan payments for a period not exceeding one year
during which an approved unpaid leave of absence occurs other than a military
leave of absence. The Loan Administrator shall provide the Participant a written
explanation of the effect of the suspension of payments upon his loan.

     If a Participant separates from service (or takes a leave of absence) from
the Employer because of service in the military and does not receive a
distribution of his Vested Account, the Plan shall suspend loan payments until
the Participant's completion of military service or until the Participant's
fifth anniversary of commencement of military service, if earlier, as permitted
under Code Section 414(u). The Loan Administrator shall provide the Participant
a written explanation of the effect of his military service upon his loan.

     If any payment of principal and interest, or any portion thereof, remains
unpaid for more than 90 days after due, the loan shall be in default. For
purposes of Code Section 72(p), the Participant shall then be treated as having
received a deemed distribution regardless of whether or not a distributable
event has occurred.

     Upon default, the Plan has the right to pursue any remedy available by law
to satisfy the amount due, along with accrued interest, including the right to
enforce its claim against the security pledged and execute upon the collateral
as allowed by law. The entire principal balance whether or not otherwise then
due, along with accrued interest, shall become immediately due and payable
without demand or notice, and subject to collection or satisfaction by any
lawful means, including specifically, but not limited to, the right to enforce
the claim against the security pledged and to execute upon the collateral as
allowed by law.

     In the event of default, foreclosure on the note and attachment of security
or use of amounts pledged to satisfy the amount then due shall not occur until a
distributable event occurs in accordance with the Plan, and shall not occur to
an extent greater than the amount then available upon any distributable event
which has occurred under the Plan.

     All reasonable costs and expenses, including but not limited to attorney's
fees,

<PAGE>

incurred by the Plan in connection with any default or in any proceeding to
enforce any provision of a promissory note or instrument by which a promissory
note for a Participant loan is secured, shall be assessed and collected from the
Account of the Participant as part of the loan balance.

     If payroll deduction is being utilized, in the event that a Participant's
available payroll deduction amounts in any given month are insufficient to
satisfy the total amount due, there will be an increase in the amount taken
subsequently, sufficient to make up the amount that is then due. If any amount
remains past due more than 90 days, the entire principal amount, whether or not
otherwise then due, along with interest then accrued, shall become due and
payable, as above.

     If no distributable event has occurred under the Plan at the time that the
Participant's Vested Account would otherwise be used under this provision to pay
any amount due under the outstanding loan, this will not occur until the time,
or in excess of the extent to which, a distributable event occurs under the
Plan. An outstanding loan will become due and payable in full 60 days after a
Participant ceases to be an Employee and a party-in-interest as defined in ERISA
or after complete termination of the Plan.

SECTION 5.07--DISTRIBUTIONS UNDER QUALIFIED DOMESTIC RELATIONS ORDERS.

     The Plan specifically permits distributions to an Alternate Payee under a
qualified domestic relations order as defined in Code Section 414(p), at any
time, irrespective of whether the Participant has attained his earliest
retirement age, as defined in Code Section 414(p), under the Plan. A
distribution to an Alternate Payee before the Participant has attained his
earliest retirement age is available only if the order specifies that
distribution shall be made prior to the earliest retirement age or allows the
Alternate Payee to elect a distribution prior to the earliest retirement age.

     Nothing in this section shall permit a Participant to receive a
distribution at a time otherwise not permitted under the Plan nor shall it
permit the Alternate Payee to receive a form of payment not permitted under the
Plan.

     The benefit payable to an Alternate Payee shall be subject to the
provisions of the SMALL AMOUNTS SECTION of Article X if the value of the benefit
does not exceed $5,000 ($3,500 for Plan Years beginning before August 6, 1997).
     The Plan Administrator shall establish reasonable procedures to determine
the qualified status of a domestic relations order. Upon receiving a domestic
relations order, the Plan Administrator shall promptly notify the Participant
and the Alternate Payee named in the order, in writing, of the receipt of the
order and the Plan's procedures for

<PAGE>

determining the qualified status of the order. Within a reasonable period of
time after receiving the domestic relations order, the Plan Administrator shall
determine the qualified status of the order and shall notify the Participant and
each Alternate Payee, in writing, of its determination. The Plan Administrator
shall provide notice under this paragraph by mailing to the individual's address
specified in the domestic relations order, or in a manner consistent with
Department of Labor regulations. The Plan Administrator may treat as qualified
any domestic relations order entered into before January 1, 1985, irrespective
of whether it satisfies all the requirements described in Code Section 414(p).

     If any portion of the Participant's Vested Account is payable during the
period the Plan Administrator is making its determination of the qualified
status of the domestic relations order, a separate accounting shall be made of
the amount payable. If the Plan Administrator determines the order is a
qualified domestic relations order within 18 months of the date amounts are
first payable following receipt of the order, the payable amounts shall be
distributed in accordance with the order. If the Plan Administrator does not
make its determination of the qualified status of the order within the 18-month
determination period, the payable amounts shall be distributed in the manner the
Plan would distribute if the order did not exist and the order shall apply
prospectively if the Plan Administrator later determines the order is a
qualified domestic relations order.

     If a domestic relations order divides an Account that is invested in the
Qualifying Employer Securities Fund, and a cash dividend on Qualifying Employer
Securities becomes payable during the period the Plan Administrator is making
its determination of the qualified status of the domestic relations order then
the following will apply:

     (a)  If the division date specified in the order is prior to the ex-date of
          such dividend, then so much of the dividend that is attributable to
          the Alternate Payee's share of the investment in the Qualifying
          Employer Security Fund shall be deemed to be earnings on the Alternate
          Payee share. If the Participant has elected to receive the dividend in
          cash, the Alternate Payee's portion of the dividend shall be drawn
          from the remaining portion of the Account after payment of the
          dividend to the Participant.

     (b)  If the division date specified in the order is on or after the ex-date
          of such dividend, then no portion of the dividend shall be attributed
          to the Alternate Payee.

     The Plan shall make payments or distributions required under this section
by separate benefit checks or other separate distribution to the Alternate
Payee(s).

                                   ARTICLE VI

<PAGE>

                            DISTRIBUTION OF BENEFITS

SECTION 6.01--AUTOMATIC FORMS OF DISTRIBUTION.

     Unless an optional form of benefit is selected pursuant to a qualified
election within the election period (see the ELECTION PROCEDURES SECTION of this
article), the automatic form of benefit payable to or on behalf of a Participant
is determined as follows:

     (a)  Retirement Benefits. The automatic form of retirement benefit for a
          Participant who does not die before his Annuity Starting Date shall
          be:

          (1)  The Qualified Joint and Survivor Annuity for a Participant who
               has a spouse.

          (2)  The Normal Form for a Participant who does not have a spouse.

     (b)  Death Benefits. The automatic form of death benefit for a Participant
          who dies before his Annuity Starting Date shall be:

          (1)  A Qualified Preretirement Survivor Annuity for a Participant who
               has a spouse to whom he has been continuously married throughout
               the one-year period ending on the date of his death. The spouse
               may elect to start receiving the death benefit on any first day
               of the month on or after the Participant dies and by the date the
               Participant would have been age 70 1/2. If the spouse dies before
               benefits start, the Participant's Vested Account, determined as
               of the date of the spouse's death, shall be paid to the spouse's
               Beneficiary.

          (2)  A single-sum payment to the Participant's Beneficiary for a
               Participant who does not have a spouse who is entitled to a
               Qualified Preretirement Survivor Annuity.

               Before a death benefit will be paid on account of the death of a
               Participant who does not have a spouse who is entitled to a
               Qualified Preretirement Survivor Annuity, it must be established
               to the satisfaction of a plan representative that the Participant
               does not have such a spouse.
SECTION 6.02--OPTIONAL FORMS OF DISTRIBUTION.

<PAGE>

     (a)  Retirement Benefits. The optional forms of retirement benefit shall be
          the following: (i) a straight life annuity; (ii) single life annuities
          with certain periods of 5, 10 or 15 years; (iii) a single life annuity
          with installment refund; (iv) survivorship life annuities with
          installment refund and survivorship percentages of 50%, 66 2/3% or
          100%; (v) fixed period annuities for any period of whole months which
          is not less than 60 and does not exceed the Life Expectancy, as
          defined in Article VII, of the Participant where the Life Expectancy
          is not recalculated; and (vi) a full flexibility option. A single sum
          payment is also available.

          The full flexibility option is an optional form of benefit under which
          the Participant receives a distribution each calendar year, beginning
          with the calendar year in which his Annuity Starting Date occurs. The
          Participant may elect the amount to be distributed each year (not less
          than $1,000). The amount payable in his first Distribution Calendar
          Year, as defined in Article VII, must satisfy the minimum distribution
          requirements of Article VII for such year. Distributions for later
          Distribution Calendar Years, as defined in Article VII, must satisfy
          the minimum distribution requirements of Article VII for such years.
          If the Participant's Annuity Starting Date does not occur until his
          second Distribution Calendar Year, as defined in Article VII, the
          amount payable for such year must satisfy the minimum distribution
          requirements of Article VII for both the first and second Distribution
          Calendar Years, as defined in Article VII.

          If the Plan is amended to eliminate or restrict an optional form of
          distribution and the Plan provides a single sum distribution form that
          is otherwise identical to the optional form of distribution eliminated
          or restricted, the amendment shall not apply to any distribution with
          an Annuity Starting Date earlier than the first day of the second Plan
          Year following the Plan Year in which the amendment is adopted.

          Election of an optional form is subject to the qualified election
          provisions of the ELECTION PROCEDURES SECTION of this article and the
          distribution requirements of Article VII.

          Any annuity contract distributed shall be nontransferable. The terms
          of any annuity contract purchased and distributed by the Plan to a
          Participant or spouse shall comply with the requirements of this Plan.

     (b)  Death Benefits. The optional forms of death benefit are a single-sum

<PAGE>

          payment and any annuity that is an optional form of retirement
          benefit. However, the full flexibility option shall not be available
          if the Beneficiary is not the spouse of the deceased Participant.

          Election of an optional form is subject to the qualified election
          provisions of the ELECTION PROCEDURES SECTION of this article and the
          distribution requirements of Article VII.

SECTION 6.03--ELECTION PROCEDURES.

     The Participant, Beneficiary, or spouse shall make any election under this
section in writing. The Plan Administrator may require such individual to
complete and sign any necessary documents as to the provisions to be made. Any
election permitted under (a) and (b) below shall be subject to the qualified
election provisions of (c) below.

     (a)  Retirement Benefits. A Participant may elect his Beneficiary or
          Contingent Annuitant and may elect to have retirement benefits
          distributed under any of the optional forms of retirement benefit
          available in the OPTIONAL FORMS OF DISTRIBUTION SECTION of this
          article.

     (b)  Death Benefits. A Participant may elect his Beneficiary and may elect
          to have death benefits distributed under any of the optional forms of
          death benefit available in the OPTIONAL FORMS OF DISTRIBUTION SECTION
          of this article.

          If the Participant has not elected an optional form of distribution
          for the death benefit payable to his Beneficiary, the Beneficiary may,
          for his own benefit, elect the form of distribution, in like manner as
          a Participant.

          The Participant may waive the Qualified Preretirement Survivor Annuity
          by naming someone other than his spouse as Beneficiary.

          In lieu of the Qualified Preretirement Survivor Annuity described in
          the AUTOMATIC FORMS OF DISTRIBUTION SECTION of this article, the
          spouse may, for his own benefit, waive the Qualified Preretirement
          Survivor Annuity by electing to have the benefit distributed under any
          of the optional forms of death benefit available in the OPTIONAL FORMS
          OF DISTRIBUTION SECTION of this article.

     (c)  Qualified Election. The Participant, Beneficiary or spouse may make an
          election at any time during the election period. The Participant,

<PAGE>

          Beneficiary, or spouse may revoke the election made (or make a new
          election) at any time and any number of times during the election
          period. An election is effective only if it meets the consent
          requirements below.

          (1)  Election Period for Retirement Benefits. The election period as
               to retirement benefits is the 90-day period ending on the Annuity
               Starting Date. An election to waive the Qualified Joint and
               Survivor Annuity may not be made before the date the Participant
               is provided with the notice of the ability to waive the Qualified
               Joint and Survivor Annuity. If the Participant elects a full
               flexibility option, he may revoke his election at any time before
               his first Distribution Calendar Year, as defined in Article VII.
               When he elects to have benefits begin again, he shall have a new
               Annuity Starting Date. His election period for this election is
               the 90-day period ending on the Annuity Starting Date for the
               optional form of retirement benefit elected.

          (2)  Election Period for Death Benefits. A Participant may make an
               election as to death benefits at any time before he dies. The
               spouse's election period begins on the date the Participant dies
               and ends on the date benefits begin. The Beneficiary's election
               period begins on the date the Participant dies and ends on the
               date benefits begin.

               An election to waive the Qualified Preretirement Survivor Annuity
               may not be made by the Participant before the date he is provided
               with the notice of the ability to waive the Qualified
               Preretirement Survivor Annuity. A Participant's election to waive
               the Qualified Preretirement Survivor Annuity which is made before
               the first day of the Plan Year in which he reaches age 35 shall
               become invalid on such date. An election made by a Participant
               after he ceases to be an Employee will not become invalid on the
               first day of the Plan Year in which he reaches age 35 with
               respect to death benefits from that part of his Account resulting
               from Contributions made before he ceased to be an Employee.

          (3)  Consent to Election. If the Participant's Vested Account exceeds
               $5,000 ($3,500 for Plan Years beginning before August 6, 1997),
               any benefit which is (i) immediately distributable or (ii)
               payable in a form other than a Qualified Joint and Survivor
               Annuity or a Qualified Preretirement Survivor Annuity, requires
               the consent of the Participant and the Participant's spouse (or
               where either the

<PAGE>

               Participant or the spouse has died, the survivor). Such consent
               shall also be required if the Participant's Vested Account at the
               time of any prior distribution exceeded $5,000 ($3,500 for Plan
               Years beginning before August 6, 1997). The rule in the preceding
               sentence shall not apply effective October 17, 2000. However,
               consent will still be required if the Participant had previously
               had an Annuity Starting Date with respect to any portion of such
               Vested Account.

               The consent of the Participant or spouse to a benefit which is
               immediately distributable must not be made before the date the
               Participant or spouse is provided with the notice of the ability
               to defer the distribution. Such consent shall be made in writing.

               The consent shall not be made more than 90 days before the
               Annuity Starting Date. Spousal consent is not required for a
               benefit which is immediately distributable in a Qualified Joint
               and Survivor Annuity. Furthermore, if spousal consent is not
               required because the Participant is electing an optional form of
               retirement benefit that is not a life annuity pursuant to (d)
               below, only the Participant need consent to the distribution of a
               benefit payable in a form that is not a life annuity and which is
               immediately distributable. Neither the consent of the Participant
               nor the Participant's spouse shall be required to the extent that
               a distribution is required to satisfy Code Section 401(a)(9) or
               Code Section 415.

               In addition, upon termination of this Plan, if the Plan does not
               offer an annuity option (purchased from a commercial provider),
               and if the Employer (or any entity within the same Controlled
               Group) does not maintain another defined contribution plan (other
               than an employee stock ownership plan as defined in Code Section
               4975(e)(7)), the Participant's Account balance will, without the
               Participant's consent, be distributed to the Participant.
               However, if any entity within the same Controlled Group maintains
               another defined contribution plan (other than an employee stock
               ownership plan as defined in Code Section 4975(e)(7)) then the
               Participant's Account will be transferred, without the
               Participant's consent, to the other plan if the Participant does
               not consent to an immediate distribution.

               A benefit is immediately distributable if any part of the benefit
               could

<PAGE>

               be distributed to the Participant (or surviving spouse) before
               the Participant attains (or would have attained if not deceased)
               the older of Normal Retirement Age or age 62.

               If the Qualified Joint and Survivor Annuity is waived, the spouse
               has the right to limit consent only to a specific Beneficiary or
               a specific form of benefit. The spouse can relinquish one or both
               such rights. Such consent shall be made in writing. The consent
               shall not be made more than 90 days before the Annuity Starting
               Date. If the Qualified Preretirement Survivor Annuity is waived,
               the spouse has the right to limit consent only to a specific
               Beneficiary. Such consent shall be in writing. The spouse's
               consent shall be witnessed by a plan representative or notary
               public. The spouse's consent must acknowledge the effect of the
               election, including that the spouse had the right to limit
               consent only to a specific Beneficiary or a specific form of
               benefit, if applicable, and that the relinquishment of one or
               both such rights was voluntary. Unless the consent of the spouse
               expressly permits designations by the Participant without a
               requirement of further consent by the spouse, the spouse's
               consent must be limited to the form of benefit, if applicable,
               and the Beneficiary (including any Contingent Annuitant), class
               of Beneficiaries, or contingent Beneficiary named in the
               election.

               Spousal consent is not required, however, if the Participant
               establishes to the satisfaction of the plan representative that
               the consent of the spouse cannot be obtained because there is no
               spouse or the spouse cannot be located. A spouse's consent under
               this paragraph shall not be valid with respect to any other
               spouse. A Participant may revoke a prior election without the
               consent of the spouse. Any new election will require a new
               spousal consent, unless the consent of the spouse expressly
               permits such election by the Participant without further consent
               by the spouse. A spouse's consent may be revoked at any time
               within the Participant's election period.

          (d)  Special Rule for Profit Sharing Plans. This subparagraph (d)
               applies if the Plan is not a direct or indirect transferee after
               December 31, 1984, of a defined benefit plan, money purchase
               plan, target benefit plan, stock bonus plan, or profit sharing
               plan which is subject to the survivor annuity requirements of
               Code Sections 401(a)(11) and 417. If the above condition is met,
               spousal consent is not required for electing an optional form of

<PAGE>

               retirement benefit that is not a life annuity. If such condition
               is not met, such consent requirements shall be operative.

          (e)  Dividend Distributions. Cash dividends that are available to a
               Participant, Beneficiary or Alternate Payee shall not be subject
               to the distribution form and notice requirements of this Article.
               If a Participant, Beneficiary or Alternate Payee elects to
               receive such dividends, such dividends shall be payable in a
               lump-sum (and only a lump-sum) in cash, and are payable without
               regard to any notice and consent otherwise required under the
               Plan.

SECTION 6.04--NOTICE REQUIREMENTS.

          (a)  Optional Forms of Retirement Benefit and Right to Defer. The Plan
               Administrator shall furnish to the Participant and the
               Participant's spouse a written explanation of the optional forms
               of retirement benefit in the OPTIONAL FORMS OF DISTRIBUTION
               SECTION of this article, including the material features and
               relative values of these options, in a manner that would satisfy
               the notice requirements of Code Section 417(a)(3) and the right
               of the Participant and the Participant's spouse to defer
               distribution until the benefit is no longer immediately
               distributable.

               The Plan Administrator shall furnish the written explanation by a
               method reasonably calculated to reach the attention of the
               Participant and the Participant's spouse no less than 30 days,
               and no more than 90 days, before the Annuity Starting Date.

               The Participant (and spouse, if applicable) may waive the 30-day
               election period if the distribution of the elected form of
               retirement benefit begins more than 7 days after the Plan
               Administrator provides the Participant (and spouse, if
               applicable) the written explanation provided that: (i) the
               Participant has been provided with information that clearly
               indicates that the Participant has at least 30 days to consider
               the decision of whether or not to elect a distribution and a
               particular distribution option, (ii) the Participant is permitted
               to revoke any affirmative distribution election at least until
               the Annuity Starting Date or, if later, at any time prior to the
               expiration of the 7-day period that begins the day after the
               explanation is provided to the Participant, and (iii) the Annuity
               Starting Date is a date after the date that the written
               explanation was provided to the Participant.

          (b)  Qualified Joint and Survivor Annuity. The Plan Administrator
               shall furnish to the Participant a written explanation of the
               following: the terms and

<PAGE>

               conditions of the Qualified Joint and Survivor Annuity; the
               Participant's right to make, and the effect of, an election to
               waive the Qualified Joint and Survivor Annuity; the rights of the
               Participant's spouse; and the right to revoke an election and the
               effect of such a revocation.

               The Plan Administrator shall furnish the written explanation by a
               method reasonably calculated to reach the attention of the
               Participant no less than 30 days, and no more than 90 days,
               before the Annuity Starting Date.

               The Participant (and spouse, if applicable) may waive the 30-day
               election period if the distribution of the elected form of
               retirement benefit begins more than 7 days after the Plan
               Administrator provides the Participant (and spouse, if
               applicable) the written explanation provided that: (i) the
               Participant has been provided with information that clearly
               indicates that the Participant has at least 30 days to consider
               whether to waive the Qualified Joint and Survivor Annuity and
               elect (with spousal consent, if applicable) a form of
               distribution other than a Qualified Joint and Survivor Annuity,
               (ii) the Participant is permitted to revoke any affirmative
               distribution election at least until the Annuity Starting Date
               or, if later, at any time prior to the expiration of the 7-day
               period that begins the day after the explanation of the Qualified
               Joint and Survivor Annuity is provided to the Participant, and
               (iii) the Annuity Starting Date is a date after the date that the
               written explanation was provided to the Participant.

               After the written explanation is given, a Participant or spouse
               may make a written request for additional information. The
               written explanation must be personally delivered or mailed (first
               class mail, postage prepaid) to the Participant or spouse within
               30 days from the date of the written request. The Plan
               Administrator does not need to comply with more than one such
               request by a Participant or spouse.

               The Plan Administrator's explanation shall be written in
               nontechnical language and will explain the terms and conditions
               of the Qualified Joint and Survivor Annuity and the financial
               effect upon the Participant's benefit (in terms of dollars per
               benefit payment) of electing not to have benefits distributed in
               accordance with the Qualified Joint and Survivor Annuity.

          (c)  Qualified Preretirement Survivor Annuity. The Plan Administrator
               shall furnish to the Participant a written explanation of the
               following: the terms and conditions of the Qualified
               Preretirement Survivor Annuity; the Participant's right to make,
               and the effect of, an election to waive the

<PAGE>

               Qualified Preretirement Survivor Annuity; the rights of the
               Participant's spouse; and the right to revoke an election and the
               effect of such a revocation.

               The Plan Administrator shall furnish the written explanation by a
               method reasonably calculated to reach the attention of the
               Participant within the applicable period. The applicable period
               for a Participant is whichever of the following periods ends
               last:

               (1)  the period beginning one year before the date the individual
                    becomes a Participant and ending one year after such date;
                    or

               (2)  the period beginning one year before the date the
                    Participant's spouse is first entitled to a Qualified
                    Preretirement Survivor Annuity and ending one year after
                    such date.

               If such notice is given before the period beginning with the
               first day of the Plan Year in which the Participant attains age
               32 and ending with the close of the Plan Year preceding the Plan
               Year in which the Participant attains age 35, an additional
               notice shall be given within such period. If a Participant ceases
               to be an Employee before attaining age 35, an additional notice
               shall be given within the period beginning one year before the
               date he ceases to be an Employee and ending one year after such
               date.

               After the written explanation is given, a Participant or spouse
               may make a written request for additional information. The
               written explanation must be personally delivered or mailed (first
               class mail, postage prepaid) to the Participant or spouse within
               30 days from the date of the written request. The Plan
               Administrator does not need to comply with more than one such
               request by a Participant or spouse.

               The Plan Administrator's explanation shall be written in
               nontechnical language and will explain the terms and conditions
               of the Qualified Preretirement Survivor Annuity and the financial
               effect upon the spouse's benefit (in terms of dollars per benefit
               payment) of electing not to have benefits distributed in
               accordance with the Qualified Preretirement Survivor Annuity.

SECTION 6.05--FORM OF DISTRIBUTION FROM ESOP MATCHING AND NON-MATCHING
CONTRIBUTION ACCOUNTS.

<PAGE>

     Notwithstanding any provision of this Article VI to the contrary,
distributions from a Participant's ESOP Matching and Non-Matching Contribution
Accounts shall be governed by this Section 6.05 and Section 6.06.

     (a)  Distribution in Cash. The part of a Participant's Vested ESOP
          Matching, Non-Matching and Diversification Accounts will be
          distributed in cash unless the Participant affirmatively elects under
          paragraph (b) below to receive the distribution in the form of
          Qualifying Employer Securities with cash in lieu of fractional shares.
          The cash value of Qualifying Employer Securities shall be equal to the
          fair market value of such stock determined as of the last Valuation
          Date prior to the date of distribution.
     (b)  Distribution in Qualifying Employer Securities. Unless subsection (c)
          applies, a Participant may elect to have the Participant's Vested ESOP
          Matching and Non-Matching Contribution Accounts distributed in the
          form of Qualifying Employer Securities with cash in lieu of fractional
          shares. Any cash or other property in the Participant's Vested ESOP
          Matching or Non-Matching Contribution Account ("non-stock assets")
          shall be used to acquire Qualifying Employer Securities for
          distribution but only if such Participant further elects and only if
          such Qualifying Employer Securities are available for purchase on the
          open market.

     (c)  Distribution in Qualifying Employer Securities Prohibited. If the
          Employer's corporate charter or by-law provisions restrict ownership
          of substantially all outstanding Qualifying Employer Securities to
          Employees or to a plan or trust described in Code Section 401(a), then
          any distribution of a Participant's ESOP Matching and ESOP
          Non-Matching Accounts shall only be in cash.

SECTION 6.06--PUT OPTION.

     If shares of Qualifying Employer Securities are distributed from the Fund,
and if such shares are not publicly traded when distributed or are subject to a
trading limitation when distributed, then such shares shall be subject to an
initial and second put option as follows:

     (a)  The put option shall be exercisable by the distributee (whether the
          Participant or a Beneficiary), any person to whom shares of Qualifying
          Employer Securities have passed by gift from the distributee, or any
          person (including an estate or the distributee from an estate) to whom
          the shares of Qualifying Employer Securities passed upon the death of
          the distributee (hereinafter referred to as the "holder").

<PAGE>

     (b)  The initial put option must be exercised during the 60-day period
          which begins on the date the shares of Qualifying Employer Securities
          are distributed from the Fund. If not exercised during that period,
          the initial put option shall lapse.

     (c)  As soon as is reasonably practicable following the last day of the
          Plan Year in which the initial 60-day period expires, the Employer
          shall notify all of the non-electing holders of the valuation of such
          Qualifying Employer Securities as of the most recent Valuation Date.
          During the 60-day period following the receipt of such valuation
          notice, any such non-electing holder shall have a second put option.

     (d)  The period during which the put option is exercisable shall not
          include any time when a holder is unable to exercise the put option
          because the Employer is prohibited from honoring the put option by
          federal or state law. If the shares of Qualifying Employer Securities
          are publicly traded without restriction when distributed but cease to
          be traded within either of the 60-day periods described herein after
          distribution, the Employer must notify each holder in writing on or
          before the tenth day after the date the shares cease to be so traded
          that for the remainder of the applicable 60-day period the shares are
          subject to a put option. The number of days between such tenth day and
          the date on which notice is actually given, if later than the tenth
          day, must be added to the duration of the put option. The notice must
          inform the holders of the terms of the put option.

     (e)  The put option may be exercised by written notice of exercise to the
          Employer or its designee made on such form and in accordance with such
          rules as may be prescribed for this purpose by the Plan Administrator.

     (f)  Upon receipt of such notice, the Employer shall tender to the holder
          the fair market value of the Qualifying Employer Securities (as
          determined under Sections 4.02(e) and (f)) for such shares.

          (i)   If the Qualifying Employer Securities were distributed in a
                total distribution then the Employer may pay either in a lump
                sum or substantially equal installments (bearing a reasonable
                rate of interest and providing adequate security to the holder)
                over a period beginning within 30 days following the date the
                put option is exercised and ending not more than five years
                after the date the put option is exercised.

<PAGE>

          (ii)  If the Qualifying Employer Securities were not distributed in a
                total distribution then the Employer must pay the holder in a
                single lump sum payment.

          (iii) If payment is made in installments, the Employer shall, within
                30 days of the date the holder exercises the put option, give
                the holder a promissory note for the full unpaid balance of the
                options price. Such note shall, at a minimum, provide adequate
                security, state a rate of interest reasonable under the
                circumstances (but at least equal to the imputed compound rate
                in effect as of the exercise date pursuant to the regulations
                promulgated under Code Sections 483 or 1274, whichever shall be
                applicable) and provide that the full amount of such note shall
                accelerate and become due immediately in the even that the
                Employer defaults in the payment of a scheduled payment.

     (g)  The Plan Fund is not bound to purchase shares of Qualifying Employer
          Securities pursuant to the put option, but the Employer may direct the
          Trustee to cause the Plan Fund to assume the Employer's rights and
          obligations to acquire shares of Qualifying Employer Securities under
          the put option.

     (h)  A "trading limitation" for this purpose means a restriction under any
          federal or state securities law or under any agreement affecting the
          shares that would make the shares not as freely tradable as shares not
          subject to such restriction.

     (i)  A "total distribution" for this purpose means a distribution to a
          Participant or Beneficiary within one taxable year of such recipient
          to the entire balance to the credit of the Participant.

                                   ARTICLE VII

                            DISTRIBUTION REQUIREMENTS

SECTION 7.01--APPLICATION.

     The optional forms of distribution are only those provided in Article VI.
An optional form of distribution shall not be permitted unless it meets the
requirements of this article. The timing of any distribution must meet the
requirements of this article.

<PAGE>

SECTION 7.02--DEFINITIONS.

     For purposes of this article, the following terms are defined:

     Applicable Life Expectancy means Life Expectancy (or Joint and Last
Survivor Expectancy) calculated using the attained age of the Participant (or
Designated Beneficiary) as of the Participant's (or Designated Beneficiary's)
birthday in the applicable calendar year reduced by one for each calendar year
which has elapsed since the date Life Expectancy was first calculated. If Life
Expectancy is being recalculated, the Applicable Life Expectancy shall be the
Life Expectancy so recalculated. The applicable calendar year shall be the first
Distribution Calendar Year, and if Life Expectancy is being recalculated, such
succeeding calendar year.

     Designated Beneficiary means the individual who is designated as the
beneficiary under the Plan in accordance with Code Section 401(a)(9) and the
regulations thereunder.

     Distribution Calendar Year means a calendar year for which a minimum
distribution is required. For distributions beginning before the Participant's
death, the first Distribution Calendar Year is the calendar year immediately
preceding the calendar year which contains the Participant's Required Beginning
Date. For distributions beginning after the Participant's death, the first
Distribution Calendar Year is the calendar year in which distributions are
required to begin pursuant to (e) of the DISTRIBUTION REQUIREMENTS SECTION of
this article.

     5-percent Owner means a 5-percent owner as defined in Code Section 416. A
Participant is treated as a 5-percent Owner for purposes of this article if such
Participant is a 5-percent Owner at any time during the Plan Year ending with or
within the calendar year in which such owner attains age 70 1/2.

     In addition, a Participant is treated as a 5-percent Owner for purposes of
this article if such Participant becomes a 5-percent Owner in a later Plan Year.
Such Participant's Required Beginning Date shall not be later than the April 1
of the calendar year following the calendar year in which such later Plan Year
ends.

     Once distributions have begun to a 5-percent Owner under this article, they
must continue to be distributed, even if the Participant ceases to be a
5-percent Owner in a subsequent year.

     Joint and Last Survivor Expectancy means joint and last survivor expectancy
computed using the expected return multiples in Table VI of section 1.72-9 of
the Income

<PAGE>

Tax Regulations.

     Unless otherwise elected by the Participant by the time distributions are
required to begin, life expectancies shall be recalculated annually. Such
election shall be irrevocable as to the Participant and shall apply to all
subsequent years. The life expectancy of a nonspouse Beneficiary may not be
recalculated.

     Life Expectancy means life expectancy computed using the expected return
multiples in Table V of section 1.72-9 of the Income Tax Regulations.

     Unless otherwise elected by the Participant (or spouse, in the case of
distributions described in (e)(2)(ii) of the DISTRIBUTION REQUIREMENTS SECTION
of this article) by the time distributions are required to begin, life
expectancy shall be recalculated annually. Such election shall be irrevocable as
to the Participant (or spouse) and shall apply to all subsequent years. The life
expectancy of a nonspouse Beneficiary may not be recalculated.

     Participant's Benefit means:

     (a)  The Account balance as of the last Valuation Date in the calendar year
          immediately preceding the Distribution Calendar Year (valuation
          calendar year) increased by the amount of any contributions or
          forfeitures allocated to the Account balance as of the dates in the
          valuation calendar year after the Valuation Date and decreased by
          distributions made in the valuation calendar year after the Valuation
          Date.

     (b)  Exception for Second Distribution Calendar Year. For purposes of (a)
          above, if any portion of the minimum distribution for the first
          Distribution Calendar Year is made in the second Distribution Calendar
          Year on or before the Required Beginning Date, the amount of the
          minimum distribution made in the second Distribution Calendar Year
          shall be treated as if it had been made in the immediately preceding
          Distribution Calendar Year.

     Required Beginning Date means, for a Participant who is a 5-percent Owner,
the April 1 of the calendar year following the calendar year in which he attains
age 70 1/2.

     Required Beginning Date means, for any Participant who is not a 5-percent
Owner, the April 1 of the calendar year following the later of the calendar year
in which he attains age 70 1/2 or the calendar year in which he retires.

<PAGE>

     The pre-retirement age 70 1/2 distribution option is only eliminated with
respect to Participants who reach age 70 1/2 in or after a calendar year that
begins after the later of December 31, 1998, or the adoption date of the
amendment which eliminated such option. The pre-retirement age 70 1/2
distribution is an optional form of benefit under which benefits payable in a
particular distribution form (including any modifications that may be elected
after benefits begin) begin at a time during the period that begins on or after
January 1 of the calendar year in which the Participant attains age 70 1/2 and
ends April 1 of the immediately following calendar year.

     The options available for Participants who are not 5-percent Owners and
attained age 70 1/2 in calendar years before the calendar year that begins after
the later of December 31, 1998, or the adoption date of the amendment which
eliminated the preretirement age 70 1/2 distribution shall be the following. Any
such Participant attaining age 70 1/2 in years after 1995 may elect by April 1
of the calendar year following the calendar year in which he attained age 70 1/2
(or by December 31, 1997 in the case of a Participant attaining age 70 1/2 in
1996) to defer distributions until the calendar year following the calendar year
in which he retires. Any such Participant attaining age 70 1/2 in years prior to
1997 may elect to stop distributions which are not purchased annuities and
recommence by the April 1 of the calendar year following the year in which he
retires. There shall be a new Annuity Starting Date upon recommencement.

SECTION 7.03--DISTRIBUTION REQUIREMENTS.

     (a)  General Rules.

          (1)  Subject to the AUTOMATIC FORMS OF DISTRIBUTION SECTION of Article
               VI, joint and survivor annuity requirements, the requirements of
               this article shall apply to any distribution of a Participant's
               interest and shall take precedence over any inconsistent
               provisions of this Plan. Unless otherwise specified, the
               provisions of this article apply to calendar years beginning
               after December 31, 1984.

          (2)  All distributions required under this article shall be determined
               and made in accordance with the proposed regulations under Code
               Section 401(a)(9), including the minimum distribution incidental
               benefit requirement of section 1.401(a)(9)-2 of the proposed
               regulations.

          (3)  With respect to distributions under the Plan made on or after
               June

<PAGE>

               14, 2001, for calendar years beginning on or after January 1,
               2001, the Plan will apply the minimum distribution requirements
               of Code Section 401(a)(9) in accordance with the regulations
               under Code Section 401(a)(9) that were proposed on January 17,
               2001 (the 2001 Proposed Regulations), notwithstanding any
               provision of the Plan to the contrary. If the total amount of
               required minimum distributions made to a Participant for 2001
               prior to June 14, 2001, are equal to or greater than the amount
               of required minimum distributions determined under the 2001
               Proposed Regulations, then no additional distributions are
               required for such Participant for 2001 on or after such date. If
               the total amount of required minimum distributions made to a
               Participant for 2001 prior to June 14, 2001, are less than the
               amount determined under the 2001 Proposed Regulations, then the
               amount of required minimum distributions for 2001 on or after
               such date will be determined so that the total amount of required
               minimum distributions for 2001 is the amount determined under the
               2001 Proposed Regulations. These provisions shall continue in
               effect until the last calendar year beginning before the
               effective date of final regulations under Code Section 401(a)(9)
               or such other date as may be published by the Internal Revenue
               Service.

     (b)  Required Beginning Date. The entire interest of a Participant must be
          distributed or begin to be distributed no later than the Participant's
          Required Beginning Date.

     (c)  Limits on Distribution Periods. As of the first Distribution Calendar
          Year, distributions, if not made in a single sum, may only be made
          over one of the following periods (or combination thereof):

          (1)  the life of the Participant,

          (2)  the life of the Participant and a Designated Beneficiary,

          (3)  a period certain not extending beyond the Life Expectancy of the
               Participant, or
          (4)  a period certain not extending beyond the Joint and Last Survivor
               Expectancy of the Participant and a Designated Beneficiary.

     (d)  Determination of Amount to be Distributed Each Year. If the
          Participant's interest is to be distributed in other than a single
          sum, the following minimum distribution rules shall apply on or after
          the Required Beginning

<PAGE>

          Date:

          (1)  Individual Account.

               (i)   If a Participant's Benefit is to be distributed over

                     A.   a period not extending beyond the Life Expectancy of
                          the Participant or the Joint Life and Last Survivor
                          Expectancy of the Participant and the Participant's
                          Designated Beneficiary, or

                     B.   a period not extending beyond the Life Expectancy of
                          the Designated Beneficiary,

                     the amount required to be distributed for each calendar
                     year beginning with the distributions for the first
                     Distribution Calendar Year, must be at least equal to the
                     quotient obtained by dividing the Participant's Benefit by
                     the Applicable Life Expectancy.

               (ii)  For calendar years beginning before January 1, 1989, if the
                     Participant's spouse is not the Designated Beneficiary, the
                     method of distribution selected must assure that at least
                     50 percent of the present value of the amount available for
                     distribution is paid within the Life Expectancy of the
                     Participant.

               (iii) For calendar years beginning after December 31, 1988, the
                     amount to be distributed each year, beginning with
                     distributions for the first Distribution Calendar Year
                     shall not be less than the quotient obtained by dividing
                     the Participant's Benefit by the lesser of:

                     A.   the Applicable Life Expectancy, or

                     B.   if the Participant's spouse is not the Designated
                          Beneficiary, the applicable divisor determined from
                          the table set forth in Q&A-4 of section 1.401(a)(9)-2
                          of the proposed regulations.

                     Distributions after the death of the Participant shall be

<PAGE>

                     distributed using the Applicable Life Expectancy in (1)(i)
                     above as the relevant divisor without regard to section
                     1.401(a)(9)-2 of the proposed regulations.

               (iv)  The minimum distribution required for the Participant's
                     first Distribution Calendar Year must be made on or before
                     the Participant's Required Beginning Date. The minimum
                     distribution for other calendar years, including the
                     minimum distribution for the Distribution Calendar Year in
                     which the Participant's Required Beginning Date occurs,
                     must be made on or before December 31 of that Distribution
                     Calendar Year.

          (2)  Other Forms. If the Participant's Benefit is distributed in the
               form of an annuity purchased from an insurance company,
               distributions thereunder shall be made in accordance with the
               requirements of Code Section 401(a)(9) and the proposed
               regulations thereunder.

     (e)  Death Distribution Provisions.

          (1)  Distribution Beginning Before Death. If the Participant dies
               after distribution of his interest has begun, the remaining
               portion of such interest will continue to be distributed at least
               as rapidly as under the method of distribution being used prior
               to the Participant's death.

          (2)  Distribution Beginning After Death.

               (i)   If the Participant dies before distribution of his interest
                     begins, distribution of the Participant's entire interest
                     shall be completed by December 31 of the calendar year
                     containing the fifth anniversary of the Participant's death
                     except to the extent that an election is made to receive
                     distributions in accordance with A or B below:

                     A.   if any portion of the Participant's interest is
                          payable to a Designated Beneficiary, distributions may
                          be made over the life or over a period certain not
                          greater than the Life Expectancy of the Designated
                          Beneficiary beginning on or before December 31 of the
                          calendar year immediately following the calendar year
                          in which the Participant died;

<PAGE>

                     B.   if the Designated Beneficiary is the Participant's
                          surviving spouse, the date distributions are required
                          to begin in accordance with A above shall not be
                          earlier than the later of:

                          1.   December 31 of the calendar year immediately
                               following the calendar year in which the
                               Participant died, or

                          2.   December 31 of the calendar year in which the
                               Participant would have attained age 70 1/2.

               (ii)  If the Participant has not made an election pursuant to
                     this (e)(2) by the time of his death, the Participant's
                     Designated Beneficiary must elect the method of
                     distribution no later than the earlier of:

                     A.   December 31 of the calendar year in which
                          distributions would be required to begin under this
                          subparagraph, or

                     B.   December 31 of the calendar year which contains the
                          fifth anniversary of the date of death of the
                          Participant.

               (iii) If the Participant has no Designated Beneficiary, or if the
                     Designated Beneficiary does not elect a method of
                     distribution, distribution of the Participant's entire
                     interest must be completed by December 31 of the calendar
                     year containing the fifth anniversary of the Participant's
                     death.

          (3)  For purposes of (e)(2) above, if the surviving spouse dies after
               the Participant, but before payments to such spouse begin, the
               provisions of (e)(2) above, with the exception of (e)(2)(i)(B)
               therein, shall be applied as if the surviving spouse were the
               Participant.

          (4)  For purposes of this (e), distribution of a Participant's
               interest is considered to begin on the Participant's Required
               Beginning Date (or if (e)(3) above is applicable, the date
               distribution is required to begin to the surviving spouse
               pursuant to (e)(2) above). If distribution in the form of an
               annuity irrevocably begins to the Participant before the Required
               Beginning Date, the date distribution is considered to

<PAGE>

               begin is the date distribution actually begins.

                                  ARTICLE VIII

                             TERMINATION OF THE PLAN

     The Employer expects to continue the Plan indefinitely but reserves the
right to terminate the Plan in whole or in part at any time upon giving written
notice to all parties concerned. Complete discontinuance of Contributions
constitutes complete termination of the Plan.

     The Account of each Participant shall be fully (100%) vested and
nonforfeitable as of the effective date of complete termination of the Plan. The
Account of each Participant who is included in the group of Participants deemed
to be affected by the partial termination of the Plan shall be fully (100%)
vested and nonforfeitable as of the effective date of the partial termination of
the Plan. The Participant's Account shall continue to participate in the
earnings credited, expenses charged, and any appreciation or depreciation of the
Investment Fund until his Vested Account is distributed.

     A Participant's Account which does not result from the Contributions listed
below may be distributed to the Participant after the effective date of the
complete termination of the Plan:

     Elective Deferral Contributions

     A Participant's Account resulting from such Contributions may be
distributed upon complete termination of the Plan, but only if neither the
Employer nor any Controlled Group member maintain or establish a successor
defined contribution plan (other than an employer stock ownership plan as
defined in Code Section 4975(e)(7), a simplified employee pension plan as
defined in Code Section 408(k) or a SIMPLE IRA plan as defined in Code Section
408(p)) and such distribution is made in a lump sum. A distribution under this
article shall be a retirement benefit and shall be distributed to the
Participant according to the provisions of Article VI.

     The Participant's entire Vested Account shall be paid in a single sum to
the Participant as of the effective date of complete termination of the Plan if
(i) the requirements for distribution of Elective Deferral Contributions in the
above paragraph are met and (ii) consent of the Participant is not required in
the ELECTION PROCEDURES SECTION of Article VI to distribute a benefit which is
immediately distributable. This is a small amounts payment. The small amounts
payment is in full

<PAGE>

settlement of all benefits otherwise payable.

     Upon complete termination of the Plan, no more Employees shall become
Participants and no more Contributions shall be made.

     The assets of this Plan shall not be paid to the Employer at any time,
except that, after the satisfaction of all liabilities under the Plan, any
assets remaining may be paid to the Employer. The payment may not be made if it
would contravene any provision of law.

                                   ARTICLE IX

                           ADMINISTRATION OF THE PLAN

SECTION 9.01--ADMINISTRATION.

     Subject to the provisions of this article, the Plan Administrator has
complete control of the administration of the Plan. The Plan Administrator has
all the powers necessary for it to properly carry out its administrative duties.
Not in limitation, but in amplification of the foregoing, the Plan Administrator
has complete discretion to construe or interpret the provisions of the Plan,
including ambiguous provisions, if any, and to determine all questions that may
arise under the Plan, including all questions relating to the eligibility of
Employees to participate in the Plan and the amount of benefit to which any
Participant, Beneficiary, spouse or Contingent Annuitant may become entitled.
The Plan Administrator's decisions upon all matters within the scope of its
authority shall be final.

     Unless otherwise set out in the Plan or Annuity Contract, the Plan
Administrator may delegate recordkeeping and other duties which are necessary
for the administration of the Plan to any person or firm which agrees to accept
such duties. The Plan Administrator shall be entitled to rely upon all tables,
valuations, certificates and reports furnished by the consultant or actuary
appointed by the Plan Administrator and upon all opinions given by any counsel
selected or approved by the Plan Administrator.

     The Plan Administrator shall receive all claims for benefits by
Participants, former Participants, Beneficiaries, spouses, and Contingent
Annuitants. The Plan Administrator shall determine all facts necessary to
establish the right of any Claimant to benefits and the amount of those benefits
under the provisions of the Plan. The Plan Administrator may establish rules and
procedures to be followed by Claimants in filing claims for benefits, in
furnishing and verifying proofs necessary to determine age, and in any other
matters required to administer the Plan.

<PAGE>

SECTION 9.02--EXPENSES.

     Expenses of the Plan, to the extent that the Employer does not pay such
expenses, may be paid out of the assets of the Plan provided that such payment
is consistent with ERISA. Such expenses include, but are not limited to,
expenses for bonding required by ERISA; expenses for recordkeeping and other
administrative services; fees and expenses of the Trustee or Annuity Contract;
expenses for investment education service; and direct costs that the Employer
incurs with respect to the Plan.

SECTION 9.03--RECORDS.

     All acts and determinations of the Plan Administrator shall be duly
recorded. All these records, together with other documents necessary for the
administration of the Plan, shall be preserved in the Plan Administrator's
custody.

     Writing (handwriting, typing, printing), photostating, photographing,
microfilming, magnetic impulse, mechanical or electrical recording, or other
forms of data compilation shall be acceptable means of keeping records.

SECTION 9.04--INFORMATION AVAILABLE.

     Any Participant in the Plan or any Beneficiary may examine copies of the
Plan description, latest annual report, any bargaining agreement, this Plan, the
Annuity Contract or any other instrument under which the Plan was established or
is operated. The Plan Administrator shall maintain all of the items listed in
this section in its office, or in such other place or places as it may designate
in order to comply with governmental regulations. These items may be examined
during reasonable business hours. Upon the written request of a Participant or
Beneficiary receiving benefits under the Plan, the Plan Administrator shall
furnish him with a copy of any of these items. The Plan Administrator may make a
reasonable charge to the requesting person for the copy.

SECTION 9.05--CLAIM AND APPEAL PROCEDURES.

     A Claimant must submit any required forms and pertinent information when
making a claim for benefits under the Plan.

     If a claim for benefits under the Plan is denied, the Plan Administrator
shall provide adequate written notice to the Claimant whose claim for benefits
under the Plan has been denied. The notice must be furnished within 90 days of
the date that the claim is received by the Plan Administrator. The Claimant
shall be notified in writing within this initial 90-day period if special
circumstances require an extension of time needed to

<PAGE>

process the claim and the date by which the Plan Administrator's decision is
expected to be rendered. The written notice shall be furnished no later than 180
days after the date the claim was received by the Plan Administrator.

     The Plan Administrator's notice to the Claimant shall specify the reason
for the denial; specify references to pertinent Plan provisions on which denial
is based; describe any additional material and information needed for the
Claimant to perfect his claim for benefits; explain why the material and
information is needed; inform the Claimant that any appeal he wishes to make
must be in writing to the Plan Administrator within 60 days after receipt of the
Plan Administrator's notice of denial of benefits and that failure to make the
written appeal within such 60-day period renders the Plan Administrator's
determination of such denial final, binding and conclusive.

     If the Claimant appeals to the Plan Administrator, the Claimant (or his
authorized representative) may submit in writing whatever issues and comments
the Claimant (or his authorized representative) feels are pertinent. The
Claimant (or his authorized representative) may review pertinent Plan documents.
The Plan Administrator shall reexamine all facts related to the appeal and make
a final determination as to whether the denial of benefits is justified under
the circumstances. The Plan Administrator shall advise the Claimant of its
decision within 60 days of his written request for review, unless special
circumstances (such as a hearing) would make rendering a decision within the
60-day limit unfeasible. The Claimant must be notified within the 60-day limit
if an extension is necessary. The Plan Administrator shall render a decision on
a claim for benefits no later than 120 days after the request for review is
received.

SECTION 9.06--DELEGATION OF AUTHORITY.

     All or any part of the administrative duties and responsibilities under
this article may be delegated by the Plan Administrator to a retirement
committee. The duties and responsibilities of the retirement committee shall be
set out in a separate written agreement.

SECTION 9.07--EXERCISE OF DISCRETIONARY AUTHORITY.

     The Employer, Plan Administrator, and any other person or entity who has
authority with respect to the management, administration, or investment of the
Plan may exercise that authority in its/his full discretion, subject only to the
duties imposed under ERISA. This discretionary authority includes, but is not
limited to, the authority to make any and all factual determinations and
interpret all terms and provisions of the Plan documents relevant to the issue
under consideration. The exercise of authority will be binding upon all persons;
will be given deference in all courts of law; and will not be

<PAGE>

overturned or set aside by any court of law unless found to be arbitrary and
capricious or made in bad faith.

SECTION 9.08--VOTING AND TENDER OF QUALIFYING EMPLOYER SECURITIES.

     (a)  Tenders For Employer Securities.

          (1)  Notwithstanding any other provision of this Plan to the contrary,
               if any, but subject to the provisions of paragraphs (2), (3),
               (4), (5) and (6) of this subsection (a), in the event an offer
               shall be received by the Trustee (including but not limited to a
               tender offer or exchange offer within the meaning of the
               Securities Exchange Act of 1934, as from time to time amended and
               in effect) to acquire any shares of Qualifying Employer
               Securities held by the Trustee in the Trust, whether or not
               allocated to the Account of any Participant (hereinafter referred
               to as an "Offer"), the Trustee shall have no discretion or
               authority to sell, exchange or transfer any of such shares
               pursuant to such Offer except to the extent, and only to the
               extent, that the Trustee is timely directed to do so in writing
               (i) with respect to any Qualifying Employer Securities held by
               the Trustee subject to such Offer and allocated to the Account of
               any Participant, by each Participant to whose Account any of such
               shares are allocated, as a named fiduciary, within the meaning of
               Section 403(a)(1) of ERISA (referred to in this Section 9.08 as
               "named fiduciary") and (ii) with respect to any Qualifying
               Employer Securities held by the Trustee subject to such Offer and
               not allocated to the Account of any Participant, by each
               Participant who has Qualifying Employer Securities allocated to
               his or her Account, as named fiduciary, with respect to an amount
               of such unallocated Qualifying Employer Securities equal to the
               total amount of unallocated Qualifying Employer Securities,
               multiplied by a fraction the numerator of which is the amount of
               Qualifying Employer Securities allocated to the Participant's
               Account under the Plan and the denominator of which is the total
               amount of Qualifying Employers Securities allocated to the
               Accounts of all Participants under the Plan.

               Upon timely receipt of such instructions, the Trustee shall,
               subject to the provisions of paragraphs (3), (4) and (6) of this
               subsection (a), sell, exchange or transfer pursuant to such
               Offer, only such shares as

<PAGE>

               to which such instructions were given. The Trustee shall use its
               best efforts to communicate or cause to be communicated to each
               Participant the consequences of any failure to provide timely
               instructions to the Trustee.

               In the event, under the terms of an Offer or otherwise, any
               shares of Qualifying Employer Securities tendered for sale,
               exchange or transfer pursuant to such Offer may be withdrawn from
               such Offer, the Trustee shall follow such instructions respecting
               the withdrawal of such securities from such Offer in the same
               manner and the same proportion as shall be timely received by the
               Trustee from the Participants as named fiduciaries entitled under
               this paragraph to give instructions as to the sale, exchange or
               transfer of securities pursuant to such Offer.

          (2)  In the event that an Offer for fewer than all of the shares of
               Qualifying Employer Securities held by the Trustee in the Trust
               shall be received by the Trustee, each Participant who has been
               allocated any of such Qualifying Employer Securities subject to
               such Offer shall be entitled to direct the Trustee as to the
               acceptance or rejection of such Offer (as provided by paragraph
               (1) of this subsection (a)) with respect to the largest portion
               of such Qualifying Employer Securities as may be possible given
               the total number or amount of shares of Qualifying Employer
               Securities the Plan may sell, exchange or transfer pursuant to
               the Offer based upon the instructions received by the Trustee
               from all other Participants who shall timely instruct the Trustee
               pursuant to this paragraph to sell, exchange or transfer such
               shares pursuant to such Offer, each on a pro rata basis in
               accordance with the number or amount of such shares allocated to
               their respective Accounts.

          (3)  Notwithstanding the provisions of paragraphs (1) and (2) of this
               subsection to the contrary, in the event that an Offer for fewer
               than 10 percent of all Qualifying Employer Securities held by the
               Trustee subject to such Offer held by the Trustee in the Trust
               shall be received by the Trustee, the Trustee shall determine, in
               its sole discretion, whether to sell, exchange or transfer any
               Qualifying Employer Securities pursuant to such Offer, taking
               into consideration items set forth in paragraph (6) of this
               subsection (a); provided, however, if there are multiple Offers
               within any twelve month period (each Offer being for fewer than
               10 percent of the

<PAGE>

               Qualifying Employer Securities held by the Trustee), the Trustee
               shall be required to solicit directions from Participants, as
               named fiduciaries, pursuant to the provisions of this Section
               9.08 with respect to each outstanding Offer that, after taking
               into account all Qualifying Employer Securities sold, exchanged
               or transferred in accordance with any other Offer within the
               preceding 12 months and all outstanding Offers for Qualifying
               Employer Securities, would result in the sale, exchange or
               transfer within such 12-month period, in the aggregate with all
               other outstanding Offers, of more than 10 percent of the
               Qualifying Employer Securities held by the Trustee if all
               outstanding Offers were accepted by the Trustee.

          (4)  In the event an Offer shall be received by the Trustee and
               instructions shall be solicited from Participants in the Plan
               pursuant to paragraph (1) of this subsection (a) regarding such
               Offer, and prior to termination of such Offer, another Offer is
               received by the Trustee for the Qualifying Employer Securities
               subject to the first Offer, the Trustee shall use its best
               efforts under the circumstances to solicit instructions from the
               Participants to the Trustee (i) with respect to Qualifying
               Employer Securities tendered for sale, exchange or transfer
               pursuant to the first Offer, whether to withdraw such tender, if
               possible, and, if withdrawn, whether to tender any Qualifying
               Employer Securities so withdrawn for sale, exchange or transfer
               pursuant to the second Offer and (ii) with respect to Qualifying
               Employer Securities not tendered for sale, exchange or transfer
               pursuant to the first Offer, whether to tender or not to tender
               such Qualifying Employer Securities for sale, exchange or
               transfer pursuant to the second Offer. The Trustee shall follow
               all such instructions received in a timely manner from
               Participants in the same manner and in the same proportion as
               provided in subparagraph (a) of this subsection (a). With respect
               to any further Offer for any Qualifying Employer Securities
               received by the Trustee and subject to any earlier Offer
               (including successive Offers from one or more existing offerors),
               the Trustee shall act in the same manner as described above.

          (5)  In the event an Offer for any Qualifying Employer Securities held
               by the Trustee in the Trust shall be received by the Trustee and
               the Participants shall be entitled to determine to accept, reject
               or withdraw an acceptance of such Offer pursuant to paragraphs
               (1) through (4) of this subsection (a), (i) the Employer and the
               Trustee

<PAGE>

               shall not interfere in any manner with the decision of any
               Participant regarding the action of the Participant with respect
               to such Offer (hereinafter referred to as an "Investment
               Decision"), and the Trustee shall arrange for such Investment
               Decision to be made on a confidential basis; (ii) the Trustee
               shall use its best efforts to communicate or cause to be
               communicated to all Participants the provisions of the Plan and
               Trust Agreement relating to the right of Participants to direct
               the Trustee with respect to Qualifying Employer Securities
               subject to such Offer, including unallocated Qualifying Employer
               Securities, and of the obligation of the Trustee to follow such
               directions; (iii) the Trustee shall use its best efforts to
               distribute or cause to be distributed to Participants all
               communications directed generally to the owners of the Qualifying
               Employer Securities to whom such Offer is made or is available;
               and (iv) the Trustee shall use its best efforts to distribute or
               cause to be distributed to Participants all communications that
               the Trustee may receive, if any, from the persons making the
               Offer or any other interested party (including the Employer)
               relating to the Offer. The Employer and the Plan Administrator
               shall provide the Trustee with such information and assistance as
               the Trustee may reasonably request in connection with any
               communications or distributions to Participants. In no event
               shall the communications to Participants by the offeror, the
               Employer or other interested parties or public communications
               directed generally to the owners of the Qualifying Employer
               Securities which are the subject of an Offer be deemed to be
               interference in the making of an Investment Decision by any
               Participant; provided, however, that ERISA Section 510 shall
               apply to any communication which threatens or intimates that
               actions which would violate ERISA Section 510 will or might be
               taken with respect to any Participant who does not make an
               Investment Decision in accord with the wishes of the Employer.

          (6)  In the event a court of competent jurisdiction shall issue to the
               Plan, the Employer or the Trustee an opinion or order, which
               shall, in the opinion of counsel to the Employer or the Trustee,
               invalidate under ERISA, in all circumstances or in any particular
               circumstances, any provision or provisions of this subsection (a)
               regarding the determination to be made as to whether or not
               Qualifying Employer Securities held by the Trustee shall be
               tendered pursuant to an Offer or cause any such provision or
               provisions to conflict with ERISA, then, upon notice thereof to
               the Employer or the Trustee, as the case

<PAGE>

               may be, such invalid or conflicting provisions of this subsection
               (a) shall be given no further force or effect. In such
               circumstances the Trustee shall have no discretion to tender or
               not to tender Qualifying Employer Securities held in the Trust
               unless required under such order or opinion, but shall follow
               instructions received from Participants, to the extent such
               instructions have not been invalidated by such order or opinion.
               To the extent required to exercise any residual fiduciary
               responsibility with respect to such sale, exchange or transfer,
               the Trustee shall take into account in exercising its fiduciary
               judgment, unless it is clearly imprudent to do so, directions
               timely received from Participants, as such directions are most
               indicative of what action is in the best interests of
               Participants. Further, the Trustee, in addition to taking into
               consideration any relevant financial factors bearing on any such
               decision, shall take into consideration any relevant
               non-financial factors, including but not limited to, the
               continuing job security of Participants as employees of the
               Employer or any of its subsidiaries, conditions of employment,
               employment opportunities and other similar matters, and the
               prospect of the Participants and prospective Participants for
               future benefits under the Plan (including any subsequent release
               and allocation of Qualifying Employer Securities held in the
               Unallocated Reserve).

          (7)  Notwithstanding anything elsewhere in this Plan or Trust
               Agreement to the contrary, any proceeds received by the Trustee
               as a result of the sale, exchange or transfer of Qualifying
               Employer Securities pursuant to an Offer shall be reinvested in
               Qualifying Employer Securities by the Trustee, if such securities
               are available for purchase and if not, to the extent attributable
               to unallocated stock in the Unallocated Reserve, shall be used to
               pay down the Exempt Loan. The balance of the proceeds, if any,
               and the proceeds attributable to allocated Qualifying Employer
               Securities shall be invested in short-term, fixed income
               investments selected by the Trustee and having a maturity of not
               more than two years from the time such investment is made until
               the Trustee is otherwise directed by the Plan Administrator or
               until the Participants to whose accounts such investments are
               allocated shall be entitled to make investment elections with
               respect to such accounts in accordance with the Plan.

     (b)  Voting Employer Securities; Options and Other Rights.

          (1)  Notwithstanding any other provision of this Plan to the contrary,
               if

<PAGE>

               any, the Trustee shall have no discretion or authority to vote
               Qualifying Employer Securities held in the Trust by the Trustee
               on any matter presented for a vote by the stockholders of the
               Employer except in accordance with timely directions received by
               the Trustee from Participants who have Qualifying Employer
               Securities allocated to their Accounts under the Plan. Such
               directions shall be given by Participants acting in their
               capacity as named fiduciaries with respect to both allocated and
               unallocated Qualifying Employer Securities and, upon timely
               receipt of such instructions, the Trustee shall vote the
               Qualifying Employer Securities held in the Trust pursuant to the
               directions of Participants giving instructions to the Trustee as
               set forth below.

               (i)   Qualifying Employer Securities in Accounts. Each
                     Participant who has Qualifying Employer Securities
                     allocated to his or her Account shall provide directions to
                     the Trustee on any matter to be presented for a vote by the
                     stockholders of the Employer with respect to Qualifying
                     Employer Securities allocated to the Account of the
                     Participant under the Plan and the Trustee shall follow
                     such directions.

                     With respect to Qualifying Employer Securities in any
                     Account for which no instructions were timely received by
                     the Trustee, the Trustee shall vote such Qualifying
                     Employer Securities in accordance with the directions of
                     the Participants who gave timely instructions to the
                     Trustee, in the same manner and in the same proportion to
                     the voting of Participants on such Qualifying Employer
                     Securities with respect to which timely instructions were
                     given.

               (ii)  Qualifying Employer Securities in the Unallocated Reserve
                     and other Unallocated Qualifying Employer Securities. Each
                     Participant who has been allocated Qualifying Employer
                     Securities to his or her Account shall, as named fiduciary,
                     direct the Trustee with respect to the vote of Qualifying
                     Employer Securities held by the Trustee in the Unallocated
                     Reserve and all other unallocated Qualifying Employer
                     Securities, and the Trustee shall follow the directions of
                     those Participants who provide timely instructions to the
                     Trustee. Each Participant who has been allocated Qualifying
                     Employer Securities to his or her Account entitled to vote
                     on any matter

<PAGE>

                     presented for a vote by the stockholders shall separately
                     direct the Trustee with respect to the vote of a portion of
                     the shares of Qualifying Employer Securities that are not
                     allocated to the Account of any Participant or for which no
                     instructions were timely received by the Trustee, whether
                     or not allocated to the Account of any Participant. Such
                     direction shall be with respect to such number of votes
                     equal to the total number of votes attributable to
                     Qualifying Employer Securities not allocated or with
                     respect to which no responses were received multiplied by a
                     fraction the numerator of which is the number of votes
                     attributable to such Qualifying Employer Securities
                     allocated to the Participant's Account and the denominator
                     of which is the total number of votes attributable to such
                     Qualifying Employer Securities allocated to the Account of
                     all such Participants who have provided directions to the
                     Trustee under this subparagraph.

               (iii) The Trustee shall use its best efforts to communicate or
                     cause to be communicated to all Participants the provisions
                     of this Plan and the Trust Agreement relating to the right
                     of Participants to direct the Trustee with respect to the
                     voting of Qualifying Employer Securities allocated to their
                     Accounts under the Plan and of Qualifying Employer
                     Securities not allocated to the Account of any Participant.
                     The Trustee shall use its best efforts to distribute or
                     cause to be distributed to Participants all communications
                     directed generally to the owners of Qualifying Employer
                     Securities entitled to vote, and the Trustee shall use its
                     best efforts to distribute or cause to be distributed to
                     Participants all communications that the Trustee may
                     receive, if any, from any person soliciting proxies or any
                     other interested party (including the Employer) relating to
                     the matters being presented for a vote by the stockholders
                     of the Employer. The Employer and the Plan Administrator
                     shall provide the Trustee with such information and
                     assistance as the Trustee may reasonably request in
                     connection with any communications or distributions to
                     Participants. In no event shall the communications to
                     Participants with respect to matters being presented for a
                     vote at a meeting of the stockholders of the Employer by
                     the Employer or other interested parties or public
                     communications directed generally to the stockholders of
                     the

<PAGE>

                     Employer be deemed to be interference in the making of a
                     decision by any Participant as to the voting of Qualifying
                     Employer Securities; provided, however, that ERISA Section
                     510 shall apply to any communication which threatens or
                     intimates that actions which would violate ERISA Section
                     510 will or might be taken with respect to any Participant
                     who does not issue directions to the Trustee in accord with
                     the wishes of the Employer.

               (iv)  In the event a court of competent jurisdiction shall issue
                     an opinion or order to the Plan, the Employer or the
                     Trustee which shall, in the opinion of counsel to the
                     Employer or the Trustee, invalidate under ERISA, in all
                     circumstances or in any particular circumstances, any
                     provision or provisions of this subsection (b) regarding
                     the manner in which Qualifying Employer Securities held in
                     the Trust shall be voted or cause any such provision or
                     provisions to conflict with ERISA, then, upon notice
                     thereof to the Employer or the Trustee, as the case may be,
                     such invalid or conflicting provision of this subsection
                     (b) shall be given no further force or effect. In such
                     circumstances the Trustee shall nevertheless have no
                     discretion to vote Qualifying Employer Securities held in
                     the Trust unless required under such order or opinion but
                     shall follow instructions received from Participants, to
                     the extent such instructions have not been invalidated. To
                     the extent required to exercise any residual fiduciary
                     responsibility with respect to voting, the Trustee shall
                     take into account in exercising its fiduciary judgment,
                     unless it is clearly imprudent to do so, directions timely
                     received from Participants, as such directions are most
                     indicative of what is in the best interests of
                     Participants. Further, the Trustee, in addition to taking
                     into consideration any relevant financial factors bearing
                     on any such decision, shall take into consideration any
                     relevant non-financial factors, including but not limited
                     to, the continuing job security of Participants as
                     employees of the Employer or any of its subsidiaries,
                     conditions of employment, employment opportunities and
                     other similar matters, and the prospect of the Participants
                     and prospective Participants for future benefits under the
                     Plan (including any subsequent release and allocation of
                     Qualifying Employer Securities held in the Unallocated

<PAGE>

                     Reserve).

          (2)  In the event that any option, right, warrant or similar property
               derived from or attributable to the ownership of Qualifying
               Employer Securities shall be granted, distributed or otherwise
               issued which is and shall become exercisable, each Participant
               shall be entitled, subject to the provisions set forth below, to
               direct the Trustee to sell, exercise, distribute or retain any
               such option, right, warrant or similar property. For such purpose
               there shall be furnished to each Participant, on a timely and
               confidential basis, a form to be returned to the Trustee on which
               he or she may set forth his or her direction whether to sell,
               exercise, distribute or retain part or all of such option, right,
               warrant or similar property. Upon timely receipt of such form or
               other appropriate written direction, the Trustee shall follow
               such direction to sell, exercise, distribute or retain part or
               all of any such options, rights, warrants or similar property
               and, if such direction is to retain the same, the Trustee shall
               follow any later appropriate written directions to sell, exercise
               or distribute such options, rights, warrants or similar property
               upon receipt thereof. If a Participant shall direct the Trustee
               to exercise part or all of such options, rights, warrants or
               similar property, the Trustee shall accumulate the amount equal
               to the consideration necessary to exercise, from among the
               following sources by obtaining appropriate written direction and
               authorization from the Participant respecting one or more of (i)
               if and to the extent necessary, the transfer and use, as he or
               she may designate, of the balance of his or her Account that is
               not invested in Qualifying Employer Securities; and (ii) if and
               to the extent necessary, the sale of part of his or her options,
               rights, warrants or similar property, and use of the proceeds
               thereof to exercise the remaining options, rights, warrants or
               similar property which he or she has directed to be exercised.
               The securities acquired by the Trustee upon such exercise shall
               be held in a special account or accounts established in the Trust
               at that time. If a Participant shall direct the Trustee to
               distribute to him or her any such options, rights, warrants or
               similar property, the Trustee shall distribute such options,
               rights, warrants or similar property provided, as certified by
               the Plan Administrator, (a) the Participant is age 65 or more or
               has five or more years of Vesting Service and (b) such
               distribution will not adversely affect the continued qualified
               status of the Plan or continued exempt status of the Trust under
               the Code. If a Participant fails or refuses to file, with

<PAGE>

               the Plan Administrator, an election not to withhold any Federal
               taxes upon such distribution, the Trustee shall be deemed to be
               authorized, to the extent necessary, as instructed by the Plan
               Administrator, to sell part of such options, rights, warrants, or
               similar property and use the proceeds therefrom to pay all
               applicable Federal withholding taxes due in connection with such
               distribution. Upon any such distribution, the Trustee shall
               report the same to the Plan Administrator to permit compliance
               with the applicable reporting provisions of the Code. For all
               Plan purposes, all options, rights, warrants or similar property
               described in this paragraph (2) of subsection (b) hereof, shall
               be treated as income added to the appropriate Accounts of
               Participants. If, within a reasonable period of time after the
               form soliciting direction from a Participant has been sent, no
               written direction shall have been received by the Trustee from
               him or her, the Trustee shall, in its sole discretion, sell,
               exercise or retain and keep unproductive of income such option,
               right, warrant or similar property for which no response has been
               received from such Participant and also for options, rights,
               warrants or similar property derived from, or attributable to,
               the ownership of Qualifying Employer Securities not yet allocated
               to any Participant's Account.

               In addition the Trustee shall, in its sole discretion, sell,
               exercise or retain and keep unproductive of income such option,
               right, warrant or similar property attributable to unallocated
               Qualifying Employer Securities held in the Unallocated Reserve or
               other Account. In the event of a discretionary decision by the
               Trustee to exercise, the Trustee shall be deemed to be authorized
               to accumulate the amount equal to the consideration necessary to
               exercise from any of the sources specified herein and to hold
               such acquired securities in the Trust as specified herein. In
               connection with any discretionary decisions by the Trustee to
               sell, exercise or retain and keep unproductive of income any such
               option, right, warrant or similar property, the Trustee shall
               consider, in addition to any relevant financial factors, such as
               those set out in subparagraph (b)(1)(iv), all as evidenced by the
               proportion of the directions received from Participants to either
               sell, exercise or retain such options, rights, warrants or
               similar property, and shall also consider such other factors as
               the Trustee may deem relevant.

     (c)  Beneficiaries and Alternate Payees. For purposes of this section,
          references

<PAGE>

          to a Participant include a Beneficiary of a deceased Participant and
          an Alternate Payee under a qualified domestic relations order.

                                    ARTICLE X

                               GENERAL PROVISIONS
SECTION 10.01--AMENDMENTS.

     The Employer may amend this Plan at any time, including any remedial
retroactive changes (within the time specified by Internal Revenue Service
regulations), to comply with any law or regulation issued by any governmental
agency to which the Plan is subject.

     An amendment may not diminish or adversely affect any accrued interest or
benefit of Participants or their Beneficiaries nor allow reversion or diversion
of Plan assets to the Employer at any time, except as may be required to comply
with any law or regulation issued by any governmental agency to which the Plan
is subject.

     No amendment to this Plan shall be effective to the extent that it has the
effect of decreasing a Participant's accrued benefit. However, a Participant's
Account may be reduced to the extent permitted under Code Section 412(c)(8). For
purposes of this paragraph, a Plan amendment which has the effect of decreasing
a Participant's Account with respect to benefits attributable to service before
the amendment shall be treated as reducing an accrued benefit. Furthermore, if
the vesting schedule of the Plan is amended, in the case of an Employee who is a
Participant as of the later of the date such amendment is adopted or the date it
becomes effective, the nonforfeitable percentage (determined as of such date) of
such Employee's right to his employer-derived accrued benefit shall not be less
than his percentage computed under the Plan without regard to such amendment.

     No amendment to the Plan shall be effective to eliminate or restrict an
optional form of benefit with respect to benefits attributable to service before
the amendment except as provided in the MERGERS AND DIRECT TRANSFERS SECTION of
this article and below:

     (a)  The Plan is amended to eliminate or restrict the ability of a
          Participant to receive payment of his Account balance under a
          particular optional form of benefit and the amendment satisfies the
          condition in (1) and the Plan satisfies the condition in (2) below:

          (1)  The amendment provides a single sum distribution form that is

<PAGE>

               otherwise identical to the optional form of benefit eliminated or
               restricted. For purposes of this condition (1), a single sum
               distribution form is otherwise identical only if it is identical
               in all respects to the eliminated or restricted optional form of
               benefit (or would be identical except that it provides greater
               rights to the Participant) except with respect to the timing of
               payments after commencement.

          (2)  The Plan provides that the amendment shall not apply to any
               distribution with an Annuity Starting Date earlier than the
               earlier of:
               (i)  the 90th day after the date the Participant receiving the
                    distribution has been furnished a summary that reflects the
                    amendment and that satisfies the ERISA requirements at 29
                    CFR 2520.104b-3 relating to a summary of material
                    modifications, or

               (ii) the first day of the second Plan Year following the Plan
                    Year in which the amendment is adopted.

     (b)  The Plan is amended to eliminate or restrict in-kind distributions and
          the conditions in Q&A 2(b)(2)(iii) in section 1.411(d)-4 of the
          regulations are met.

     If, as a result of an amendment, an Employer Contribution is removed that
is not 100% immediately vested when made, the applicable vesting schedule shall
remain in effect after the date of such amendment. The Participant shall not
become immediately 100% vested in such Contributions as a result of the
elimination of such Contribution except as otherwise specifically provided in
the Plan.

     An amendment shall not decrease a Participant's vested interest in the
Plan. If an amendment to the Plan, or a deemed amendment in the case of a change
in top-heavy status of the Plan as provided in the MODIFICATION OF VESTING
REQUIREMENTS SECTION of Article XI, changes the computation of the percentage
used to determine that portion of a Participant's Account attributable to
Employer Contributions which is nonforfeitable (whether directly or indirectly),
each Participant or former Participant

     (c)  who has completed at least three Years of Service on the date the
          election period described below ends (five Years of Service if the
          Participant does not have at least one Hour-of-Service in a Plan Year
          beginning after December 31, 1988) and

<PAGE>

     (d)  whose nonforfeitable percentage will be determined on any date after
          the date of the change

may elect, during the election period, to have the nonforfeitable percentage of
his Account that results from Employer Contributions determined without regard
to the amendment. This election may not be revoked. If after the Plan is
changed, the Participant's nonforfeitable percentage will at all times be as
great as it would have been if the change had not been made, no election needs
to be provided. The election period shall begin no later than the date the Plan
amendment is adopted, or deemed adopted in the case of a change in the top-heavy
status of the Plan, and end no earlier than the 60th day after the latest of the
date the amendment is adopted (deemed adopted) or becomes effective, or the date
the Participant is issued written notice of the amendment (deemed amendment) by
the Employer or the Plan Administrator.

SECTION 10.02--DIRECT ROLLOVERS.

     Notwithstanding any provision of the Plan to the contrary that would
otherwise limit a Distributee's election under this section, a Distributee may
elect, at the time and in the manner prescribed by the Plan Administrator, to
have any portion of an Eligible Rollover Distribution paid directly to an
Eligible Retirement Plan specified by the Distributee in a Direct Rollover.

     Any distributions made under the SMALL AMOUNTS SECTION of this article (or
which are small amounts payments made under Article VIII at complete termination
of the Plan) which are Eligible Rollover Distributions and for which the
Distributee has not elected to either have such distribution paid to him or to
an Eligible Retirement Plan shall be paid to the Distributee.

SECTION 10.03--MERGERS AND DIRECT TRANSFERS.

     The Plan may not be merged or consolidated with, nor have its assets or
liabilities transferred to, any other retirement plan, unless each Participant
in the plan would (if the plan then terminated) receive a benefit immediately
after the merger, consolidation, or transfer which is equal to or greater than
the benefit the Participant would have been entitled to receive immediately
before the merger, consolidation, or transfer (if this Plan had then
terminated). The Employer may enter into merger agreements or direct transfer of
assets agreements with the employers under other retirement plans which are
qualifiable under Code Section 401(a), including an elective transfer, and may
accept the direct transfer of plan assets, or may transfer plan assets, as a
party to any such agreement. The Employer shall not consent to, or be a party to
a merger, consolidation, or transfer of assets with a defined benefit plan if
such action would result in a defined

<PAGE>

benefit feature being maintained under this Plan.

     Notwithstanding any provision of the Plan to the contrary, to the extent
any optional form of benefit under the Plan permits a distribution prior to the
Employee's retirement, death, disability, or severance from employment, and
prior to plan termination, the optional form of benefit is not available with
respect to benefits attributable to assets (including the post-transfer earnings
thereon) and liabilities that are transferred, within the meaning of Code
Section 414(l), to this Plan from a money purchase pension plan qualified under
Code Section 401(a) (other than any portion of those assets and liabilities
attributable to voluntary employee contributions).

     The Plan may accept a direct transfer of plan assets on behalf of an
Eligible Employee. If the Eligible Employee is not an Active Participant when
the transfer is made, the Eligible Employee shall be deemed to be an Active
Participant only for the purpose of investment and distribution of the
transferred assets. Employer Contributions shall not be made for or allocated to
the Eligible Employee, until the time he meets all of the requirements to become
an Active Participant.

     The Plan shall hold, administer, and distribute the transferred assets as a
part of the Plan. The Plan shall maintain a separate account for the benefit of
the Employee on whose behalf the Plan accepted the transfer in order to reflect
the value of the transferred assets.

     Unless a transfer of assets to the Plan is an elective transfer as
described below, the Plan shall apply the optional forms of benefit protections
described in the AMENDMENTS SECTION of this article to all transferred assets.

     A Participant's protected benefits may be eliminated upon transfer between
qualified defined contribution plans if the conditions in Q&A 3(b)(1) in section
1.411(d)-4 of the regulations are met. The transfer must meet all of the other
applicable qualification requirements.

     A Participant's protected benefits may be eliminated upon transfer between
qualified plans (both defined benefit and defined contribution) if the
conditions in Q&A 3(c)(1) in section 1.411(d)-4 of the regulations are met.
Beginning January 1, 2002, if the Participant is eligible to receive an
immediate distribution of his entire nonforfeitable accrued benefit in a single
sum distribution that would consist entirely of an eligible rollover
distribution under Code Section 401(a)(31), such transfer will be accomplished
as a direct rollover under Code Section 401(a)(31). The rules applicable to
distributions under the plan would apply to the transfer, but the transfer would
not be treated as a distribution for purposes of the minimum distribution
requirements of Code Section

<PAGE>

401(a)(9).

SECTION 10.04--PROVISIONS RELATING TO THE INSURER AND OTHER PARTIES.

     The obligations of an Insurer shall be governed solely by the provisions of
the Annuity Contract. The Insurer shall not be required to perform any act not
provided in or contrary to the provisions of the Annuity Contract. Each Annuity
Contract when purchased shall comply with the Plan. See the CONSTRUCTION SECTION
of this article.

     Any issuer or distributor of investment contracts or securities is governed
solely by the terms of its policies, written investment contract, prospectuses,
security instruments, and any other written agreements entered into with the
Trustee with regard to such investment contracts or securities.

     Such Insurer, issuer or distributor is not a party to the Plan, nor bound
in any way by the Plan provisions. Such parties shall not be required to look to
the terms of this Plan, nor to determine whether the Employer, the Plan
Administrator, the Trustee, or the Named Fiduciary have the authority to act in
any particular manner or to make any contract or agreement.

     Until notice of any amendment or termination of this Plan or a change in
Trustee has been received by the Insurer at its home office or an issuer or
distributor at their principal address, they are and shall be fully protected in
assuming that the Plan has not been amended or terminated and in dealing with
any party acting as Trustee according to the latest information which they have
received at their home office or principal address.

SECTION 10.05--EMPLOYMENT STATUS.

     Nothing contained in this Plan gives an Employee the right to be retained
in the Employer's employ or to interfere with the Employer's right to discharge
any Employee.

SECTION 10.06--RIGHTS TO PLAN ASSETS.

     An Employee shall not have any right to or interest in any assets of the
Plan upon termination of employment or otherwise except as specifically provided
under this Plan, and then only to the extent of the benefits payable to such
Employee according to the Plan provisions.

     Any final payment or distribution to a Participant or his legal
representative or to

<PAGE>

any Beneficiaries, spouse or Contingent Annuitant of such Participant under the
Plan provisions shall be in full satisfaction of all claims against the Plan,
the Named Fiduciary, the Plan Administrator, the Insurer, the Trustee, and the
Employer arising under or by virtue of the Plan.

SECTION 10.07--BENEFICIARY.

     Each Participant may name a Beneficiary to receive any death benefit (other
than any income payable to a Contingent Annuitant) that may arise out of his
participation in the Plan. The Participant may change his Beneficiary from time
to time. Unless a qualified election has been made, for purposes of distributing
any death benefits before the Participant's Retirement Date, the Beneficiary of
a Participant who has a spouse who is entitled to a Qualified Preretirement
Survivor Annuity shall be the Participant's spouse. The Participant's
Beneficiary designation and any change of Beneficiary shall be subject to the
provisions of the ELECTION PROCEDURES SECTION of Article VI. It is the
responsibility of the Participant to give written notice to the Insurer of the
name of the Beneficiary on a form furnished for that purpose.

     With the Employer's consent, the Plan Administrator may maintain records of
Beneficiary designations for Participants before their Retirement Dates. In that
event, the written designations made by Participants shall be filed with the
Plan Administrator. If a Participant dies before his Retirement Date, the Plan
Administrator shall certify to the Insurer the Beneficiary designation on its
records for the Participant.

     If there is no Beneficiary named or surviving when a Participant dies, the
Participant's Beneficiary shall be the Participant's surviving spouse, or where
there is no surviving spouse, the executor or administrator of the Participant's
estate.

SECTION 10.08--NONALIENATION OF BENEFITS.

     Benefits payable under the Plan are not subject to the claims of any
creditor of any Participant, Beneficiary, spouse or Contingent Annuitant. A
Participant, Beneficiary, spouse or Contingent Annuitant does not have any
rights to alienate, anticipate, commute, pledge, encumber, or assign any of such
benefits, except in the case of a loan as provided in the LOANS TO PARTICIPANTS
SECTION of Article V. The preceding sentences shall also apply to the creation,
assignment, or recognition of a right to any benefit payable with respect to a
Participant according to a domestic relations order, unless such order is
determined by the Plan Administrator to be a qualified domestic relations order,
as defined in Code Section 414(p), or any domestic relations order entered
before January 1, 1985. The preceding sentences shall not apply to any offset of
a Participant's benefits provided under the Plan against an amount the
Participant is required to pay the Plan with

<PAGE>

respect to a judgement, order, or decree issued, or a settlement entered into,
on or after August 5, 1997, which meets the requirements of Code Sections
401(a)(13)(C) or (D).

SECTION 10.09--CONSTRUCTION.

     The validity of the Plan or any of its provisions is determined under and
construed according to Federal law and, to the extent permissible, according to
the laws of the state in which the Employer has its principal office. In case
any provision of this Plan is held illegal or invalid for any reason, such
determination shall not affect the remaining provisions of this Plan, and the
Plan shall be construed and enforced as if the illegal or invalid provision had
never been included.

     In the event of any conflict between the provisions of the Plan and the
terms of any Annuity Contract or Insurance Policy issued hereunder, the
provisions of the Plan control.

SECTION 10.10--LEGAL ACTIONS.

     No person employed by the Employer; no Participant, former Participant, or
their Beneficiaries; nor any other person having or claiming to have an interest
in the Plan is entitled to any notice of process. A final judgment entered in
any such action or proceeding shall be binding and conclusive on all persons
having or claiming to have an interest in the Plan.

SECTION 10.11--SMALL AMOUNTS.

     If consent of the Participant is not required for a benefit which is
immediately distributable in the ELECTION PROCEDURES SECTION of Article VI, a
Participant's entire Vested Account shall be paid in a single sum as of the
earliest of his Retirement Date, the date he dies, or the date he ceases to be
an Employee for any other reason (the date the Employer provides notice to the
record keeper of the Plan of such event, if later). For purposes of this
section, if the Participant's Vested Account is zero, the Participant shall be
deemed to have received a distribution of such Vested Account. If a Participant
would have received a distribution under the first sentence of this paragraph
but for the fact that the Participant's consent was needed to distribute a
benefit which is immediately distributable, and if at a later time consent would
not be needed to distribute a benefit which is immediately distributable and
such Participant has not again become an Employee, such Vested Account shall be
paid in a single sum. This is a small amounts payment.

     If a small amounts payment is made as of the date the Participant dies, the
small

<PAGE>

amounts payment shall be made to the Participant's Beneficiary (spouse if the
death benefit is payable to the spouse). If a small amounts payment is made
while the Participant is living, the small amounts payment shall be made to the
Participant. The small amounts payment is in full settlement of benefits
otherwise payable.

     No other small amounts payments shall be made.

SECTION 10.12--WORD USAGE.

     The masculine gender, where used in this Plan, shall include the feminine
gender and the singular words, as used in this Plan, may include the plural,
unless the context indicates otherwise.

     The words "in writing" and "written," where used in this Plan, shall
include any other forms, such as voice response or other electronic system, as
permitted by any governmental agency to which the Plan is subject.

SECTION 10.13--CHANGE IN SERVICE METHOD.

     (a)  Change of Service Method Under This Plan. If this Plan is amended to
          change the method of crediting service from the elapsed time method to
          the hours method for any purpose under this Plan, the Employee's
          service shall be equal to the sum of (1), (2), and (3) below:

          (1)  The number of whole years of service credited to the Employee
               under the Plan as of the date the change is effective.

          (2)  One year of service for the applicable computation period in
               which the change is effective if he is credited with the required
               number of Hours-of-Service. If the Employer does not have
               sufficient records to determine the Employee's actual
               Hours-of-Service in that part of the service period before the
               effective date of the change, the Hours-of-Service shall be
               determined using an equivalency. For any month in which he would
               be required to be credited with one Hour-of-Service, the Employee
               shall be deemed for purposes of this section to be credited with
               190 Hours-of-Service.

          (3)  The Employee's service determined under this Plan using the hours
               method after the end of the computation period in which the
               change in service method was effective.

<PAGE>

          If this Plan is amended to change the method of crediting service from
          the hours method to the elapsed time method for any purpose under this
          Plan, the Employee's service shall be equal to the sum of (4), (5),
          and (6) below:

          (4)  The number of whole years of service credited to the Employee
               under the Plan as of the beginning of the computation period in
               which the change in service method is effective.

          (5)  the greater of (i) the service that would be credited to the
               Employee for that entire computation period using the elapsed
               time method or (ii) the service credited to him under the Plan as
               of the date the change is effective.

          (6)  The Employee's service determined under this Plan using the
               elapsed time method after the end of the applicable computation
               period in which the change in service method was effective.

     (b)  Transfers Between Plans with Different Service Methods. If an Employee
          has been a participant in another plan of the Employer which credited
          service under the elapsed time method for any purpose which under this
          Plan is determined using the hours method, then the Employee's service
          shall be equal to the sum of (1), (2), and (3) below:

          (1)  The number of whole years of service credited to the Employee
               under the plan as of the date he became an Eligible Employee
               under this Plan.

          (2)  One year of service for the applicable computation period in
               which he became an Eligible Employee if he is credited with the
               required number of Hours-of-Service. If the Employer does not
               have sufficient records to determine the Employee's actual
               Hours-of-Service in that part of the service period before the
               date he became an Eligible Employee, the Hours-of-Service shall
               be determined using an equivalency. For any month in which he
               would be required to be credited with one Hour-of-Service, the
               Employee shall be deemed for purposes of this section to be
               credited with 190 Hours-of-Service.

          (3)  The Employee's service determined under this Plan using the hours
               method after the end of the computation period in which he became
               an Eligible Employee.

<PAGE>

          If an Employee has been a participant in another plan of the Employer
          which credited service under the hours method for any purpose which
          under this Plan is determined using the elapsed time method, then the
          Employee's service shall be equal to the sum of (4), (5), and (6)
          below:

          (4)  The number of whole years of service credited to the Employee
               under the other plan as of the beginning of the computation
               period under that plan in which he became an Eligible Employee
               under this Plan.

          (5)  The greater of (i) the service that would be credited to the
               Employee for that entire computation period using the elapsed
               time method or (ii) the service credited to him under the other
               plan as of the date he became an Eligible Employee under this
               Plan.

          (6)  The Employee's service determined under this Plan using the
               elapsed time method after the end of the applicable computation
               period under the other plan in which he became an Eligible
               Employee.

     If an Employee has been a participant in a Controlled Group member's plan
which credited service under a different method than is used in this Plan, in
order to determine entry and vesting, the provisions in (b) above shall apply as
though the Controlled Group member's plan were a plan of the Employer.

     Any modification of service contained in this Plan shall be applicable to
the service determined pursuant to this section.

SECTION 10.14--MILITARY SERVICE.

     Notwithstanding any provision of this Plan to the contrary, the Plan shall
provide contributions, benefits, and service credit with respect to qualified
military service in accordance with Code Section 414(u). Loan repayments shall
be suspended under this Plan as permitted under Code Section 414(u).

                                   ARTICLE XI

                           TOP-HEAVY PLAN REQUIREMENTS

SECTION 11.01--APPLICATION.

<PAGE>

     The provisions of this article shall supersede all other provisions in the
Plan to the contrary.

     For the purpose of applying the Top-heavy Plan requirements of this
article, all members of the Controlled Group shall be treated as one Employer.
The term Employer, as used in this article, shall be deemed to include all
members of the Controlled Group, unless the term as used clearly indicates only
the Employer is meant.

     The accrued benefit or account of a participant which results from
deductible employee contributions shall not be included for any purpose under
this article.

     The minimum vesting and contribution provisions of the MODIFICATION OF
VESTING REQUIREMENTS and MODIFICATION OF CONTRIBUTIONS SECTIONS of this article
shall not apply to any Employee who is included in a group of Employees covered
by a collective bargaining agreement which the Secretary of Labor finds to be a
collective bargaining agreement between employee representatives and one or more
employers, including the Employer, if there is evidence that retirement benefits
were the subject of good faith bargaining between such representatives. For this
purpose, the term "employee representatives" does not include any organization
more than half of whose members are employees who are owners, officers, or
executives.

SECTION 11.02--DEFINITIONS.

     For purposes of this article the following terms are defined:

     Aggregation Group means:

     (a)  each of the Employer's qualified plans in which a Key Employee is a
          participant during the Plan Year containing the Determination Date
          (regardless of whether the plan was terminated) or one of the four
          preceding Plan Years,

     (b)  each of the Employer's other qualified plans which allows the plan(s)
          described in (a) above to meet the nondiscrimination requirement of
          Code Section 401(a)(4) or the minimum coverage requirement of Code
          Section 410, and

     (c)  any of the Employer's other qualified plans not included in (a) or (b)
          above which the Employer desires to include as part of the Aggregation
          Group. Such a qualified plan shall be included only if the Aggregation
          Group would continue to satisfy the requirements of Code Section
          401(a)(4) and

<PAGE>

          Code Section 410.

     The plans in (a) and (b) above constitute the "required" Aggregation Group.
     The plans in (a), (b), and (c) above constitute the "permissive"
     Aggregation Group.

     Compensation means compensation as defined in the CONTRIBUTION LIMITATION
SECTION of Article III. For purposes of determining who is a Key Employee in
years beginning before January 1, 1998, Compensation shall include, in addition
to compensation as defined in the CONTRIBUTION LIMITATION SECTION of Article
III, elective contributions. Elective contributions are amounts excludible from
the gross income of the Employee under Code Sections 125, 402(e)(3),
402(h)(1)(B), or 403(b), and contributed by the Employer, at the Employee's
election, to a Code Section 401(k) arrangement, a simplified employee pension,
cafeteria plan, or tax-sheltered annuity. Elective contributions also include
amounts deferred under a Code Section 457 plan maintained by the Employer.

     Determination Date means as to any plan, for any plan year subsequent to
the first plan year, the last day of the preceding plan year. For the first plan
year of the plan, the last day of that year.

     Key Employee means any Employee or former Employee (and the Beneficiaries
of such Employee) who at any time during the determination period was:

     (a)  an officer of the Employer if such individual's annual Compensation
          exceeds 50 percent of the dollar limitation under Code Section
          415(b)(1)(A),

     (b)  an owner (or considered an owner under Code Section 318) of one of the
          ten largest interests in the Employer if such individual's annual
          Compensation exceeds 100 percent of the dollar limitation under Code
          Section 415(c)(1)(A),

     (c)  a 5-percent owner of the Employer, or

     (d)  a 1-percent owner of the Employer who has annual Compensation of more
          than $150,000.
     The determination period is the Plan Year containing the Determination Date
and the four preceding Plan Years.

     The determination of who is a Key Employee shall be made according to Code
Section 416(i)(1) and the regulations thereunder.

<PAGE>

     Non-key Employee means any Employee who is not a Key Employee.

     Present Value means the present value of a participant's accrued benefit
under a defined benefit plan. For purposes of establishing Present Value to
compute the Top-heavy Ratio, any benefit shall be discounted only for 7.5%
interest and mortality according to the 1971 Group Annuity Table (Male) without
the 7% margin but with projection by Scale E from 1971 to the later of (a) 1974,
or (b) the year determined by adding the age to 1920, and wherein for females
the male age six years younger is used.

     Top-heavy Plan means a plan which is top-heavy for any plan year beginning
after December 31, 1983. This Plan shall be top-heavy if any of the following
conditions exist:

     (a)  The Top-heavy Ratio for this Plan exceeds 60 percent and this Plan is
          not part of any required Aggregation Group or permissive Aggregation
          Group.

     (b)  This Plan is a part of a required Aggregation Group, but not part of a
          permissive Aggregation Group, and the Top-heavy Ratio for the required
          Aggregation Group exceeds 60 percent.

     (c)  This Plan is a part of a required Aggregation Group and part of a
          permissive Aggregation Group and the Top-heavy Ratio for the
          permissive Aggregation Group exceeds 60 percent.

     Top-heavy Ratio means:

     (a)  If the Employer maintains one or more defined contribution plans
          (including any simplified employee pension plan) and the Employer has
          not maintained any defined benefit plan which during the five-year
          period ending on the Determination Date(s) has or has had accrued
          benefits, the Top-heavy Ratio for this Plan alone or for the required
          or permissive Aggregation Group, as appropriate, is a fraction, the
          numerator of which is the sum of the account balances of all Key
          Employees as of the Determination Date(s) (including any part of any
          account balance distributed in the five-year period ending on the
          Determination Date(s)), and the denominator of which is the sum of all
          account balances (including any part of any account balance
          distributed in the five-year period ending on the Distribution
          Date(s)), both computed in accordance with Code Section 416 and the
          regulations thereunder. Both the numerator and denominator of the
          Top-heavy Ratio are increased to reflect any

<PAGE>

          contribution not actually made as of the Determination Date, but which
          is required to be taken into account on that date under Code Section
          416 and the regulations thereunder.

     (b)  If the Employer maintains one or more defined contribution plans
          (including any simplified employee pension plan) and the Employer
          maintains or has maintained one or more defined benefit plans which
          during the five-year period ending on the Determination Date(s) has or
          has had accrued benefits, the Top-heavy Ratio for any required or
          permissive Aggregation Group, as appropriate, is a fraction, the
          numerator of which is the sum of the account balances under the
          aggregated defined contribution plan or plans of all Key Employees
          determined in accordance with (a) above, and the Present Value of
          accrued benefits under the aggregated defined benefit plan or plans
          for all Key Employees as of the Determination Date(s), and the
          denominator of which is the sum of the account balances under the
          aggregated defined contribution plan or plans for all participants,
          determined in accordance with (a) above, and the Present Value of
          accrued benefits under the defined benefit plan or plans for all
          participants as of the Determination Date(s), all determined in
          accordance with Code Section 416 and the regulations thereunder. The
          accrued benefits under a defined benefit plan in both the numerator
          and denominator of the Top-heavy Ratio are increased for any
          distribution of an accrued benefit made in the five-year period ending
          on the Determination Date.

     (c)  For purposes of (a) and (b) above, the value of account balances and
          the Present Value of accrued benefits will be determined as of the
          most recent Valuation Date that falls within or ends with the 12-month
          period ending on the Determination Date, except as provided in Code
          Section 416 and the regulations thereunder for the first and second
          plan years of a defined benefit plan. The account balances and accrued
          benefits of a participant (i) who is not a Key Employee but who was a
          Key Employee in a prior year or (ii) who has not been credited with at
          least an hour of service with any employer maintaining the plan at any
          time during the five-year period ending on the Determination Date will
          be disregarded. The calculation of the Top-heavy Ratio and the extent
          to which distributions, rollovers, and transfers are taken into
          account will be made in accordance with Code Section 416 and the
          regulations thereunder. Deductible employee contributions will not be
          taken into account for purposes of computing the Top-heavy Ratio. When
          aggregating plans, the value of account balances and accrued benefits
          will be calculated with reference to the Determination Dates that fall
          within the same calendar year.

<PAGE>

          The accrued benefit of a participant other than a Key Employee shall
          be determined under (i) the method, if any, that uniformly applies for
          accrual purposes under all defined benefit plans maintained by the
          Employer, or (ii) if there is no such method, as if such benefit
          accrued not more rapidly than the slowest accrual rate permitted under
          the fractional rule of Code Section 411(b)(1)(C).

SECTION 11.03--MODIFICATION OF VESTING REQUIREMENTS.

     If a Participant's Vesting Percentage determined under Article I is not at
least as great as his Vesting Percentage would be if it were determined under a
schedule permitted in Code Section 416, the following shall apply. During any
Plan Year in which the Plan is a Top-heavy Plan, the Participant's Vesting
Percentage for Employer Contributions other than ESOP Non-Matching Contributions
shall be the greater of the Vesting Percentage determined under Article I or the
schedule below.

     VESTING SERVICE                    NONFORFEITABLE
     (whole years)                  PERCENTAGE

     Less than 2                             0
     2                                       20
     3                                       40
     4                                       60
     5                                       80
     6 or more                               100

During any Plan Year in which the Plan is a Top-heavy Plan, the Participant's
Vesting Percentage for ESOP Non-Matching Contributions shall be the greater of
the Vesting Percentage determined under Article I or the schedule below.

     VESTING SERVICE                    NONFORFEITABLE
     (whole years)                  PERCENTAGE

     Less than 2                             0
     2                                       20
     3                                       40
     4                                       60
     5 or more                               100

     The schedules above shall not apply to Participants who are not credited
with an

<PAGE>

Hour-of-Service after the Plan first becomes a Top-heavy Plan. The Vesting
Percentages determined above apply to the portion of the Participant's Account
which is multiplied by a Vesting Percentage to determine his Vested Account,
including benefits accrued before the effective date of Code Section 416 and
benefits accrued before this Plan became a Top-heavy Plan.

     If, in a later Plan Year, this Plan is not a Top-heavy Plan, a
Participant's Vesting Percentages shall be determined under Article I. A
Participant's Vesting Percentages determined under either Article I or the
schedule above shall never be reduced and the election procedures of the
AMENDMENTS SECTION of Article X shall apply when changing to or from the
schedule as though the automatic change were the result of an amendment.

     The part of the Participant's Vested Account resulting from the minimum
contributions required pursuant to the MODIFICATION OF CONTRIBUTIONS SECTION of
this article (to the extent required to be nonforfeitable under Code Section
416(b)) may not be forfeited under Code Section 411(a)(3)(B) or (D).

SECTION 11.04--MODIFICATION OF CONTRIBUTIONS.

     During any Plan Year in which this Plan is a Top-heavy Plan, the Employer
shall make a minimum contribution as of the last day of the Plan Year for each
Non-key Employee who is an Employee on the last day of the Plan Year and who was
an Active Participant at any time during the Plan Year. A Non-key Employee is
not required to have a minimum number of Hours-of-Service or minimum amount of
Compensation in order to be entitled to this minimum. A Non-key Employee who
fails to be an Active Participant merely because his Compensation is less than a
stated amount or merely because of a failure to make mandatory participant
contributions or, in the case of a cash or deferred arrangement, elective
contributions shall be treated as if he were an Active Participant. The minimum
is the lesser of (a) or (b) below:

     (a)  3 percent of such person's Compensation for such Plan Year.

     (b)  The "highest percentage" of Compensation for such Plan Year at which
          the Employer's contributions are made for or allocated to any Key
          Employee. The highest percentage shall be determined by dividing the
          Employer Contributions made for or allocated to each Key Employee
          during the Plan Year by the amount of his Compensation for such Plan
          Year, and selecting the greatest quotient (expressed as a percentage).
          To determine the highest percentage, all of the Employer's defined
          contribution plans within the Aggregation Group shall be treated as
          one plan. The minimum shall be the

<PAGE>

          amount in (a) above if this Plan and a defined benefit plan of the
          Employer are required to be included in the Aggregation Group and this
          Plan enables the defined benefit plan to meet the requirements of Code
          Section 401(a)(4) or 410.

     For purposes of (a) and (b) above, Compensation shall be limited by Code
Section 401(a)(17).

     If the Employer's contributions and allocations otherwise required under
the defined contribution plan(s) are at least equal to the minimum above, no
additional contribution shall be required. If the Employer's total contributions
and allocations are less than the minimum above, the Employer shall contribute
the difference for the Plan Year.

     The minimum contribution applies to all of the Employer's defined
contribution plans in the aggregate which are Top-heavy Plans. A minimum
contribution under a profit sharing plan shall be made without regard to whether
or not the Employer has profits.

     If a person who is otherwise entitled to a minimum contribution above is
also covered under another defined contribution plan of the Employer's which is
a Top-heavy Plan during that same Plan Year, any additional contribution
required to meet the minimum above shall be provided in this Plan.

     If a person who is otherwise entitled to a minimum contribution above is
also covered under a defined benefit plan of the Employer's which is a Top-heavy
Plan during that same Plan Year, the minimum benefits for him shall not be
duplicated. The defined benefit plan shall provide an annual benefit for him on,
or adjusted to, a straight life basis equal to the lesser of:

     (c)  2 percent of his average compensation multiplied by his years of
          service, or

     (d)  20 percent of his average compensation.

     Average compensation and years of service shall have the meaning set forth
in such defined benefit plan for this purpose.

     For purposes of this section, any employer contribution made according to a
salary reduction or similar arrangement and employer contributions which are
matching contributions, as defined in Code Section 401(m), shall not apply in
determining if the minimum contribution requirement has been met, but shall
apply in determining the

<PAGE>

minimum contribution required.

     The requirements of this section shall be met without regard to any Social
Security contribution.

SECTION 11.05--MODIFICATION OF CONTRIBUTION LIMITATION.

     If the provisions of subparagraph (g) of the CONTRIBUTION LIMITATION
SECTION of Article III are applicable for any Limitation Year during which this
Plan is a Top-heavy Plan, the contribution limitations shall be modified. The
definitions of Defined Benefit Plan Fraction and Defined Contribution Plan
Fraction in the CONTRIBUTION LIMITATION SECTION of Article III shall be modified
by substituting "100 percent" in lieu of "125 percent." In addition, an
adjustment shall be made to the numerator of the Defined Contribution Plan
Fraction. The adjustment is a reduction of that numerator similar to the
modification of the Defined Contribution Plan Fraction described in the
CONTRIBUTION LIMITATION SECTION of Article III, and shall be made with respect
to the last Plan Year beginning before January 1, 1984.

     The modifications in the paragraph above shall not apply with respect to a
Participant so long as employer contributions, forfeitures, or nondeductible
employee contributions are not credited to his account under this or any of the
Employer's other defined contribution plans and benefits do not accrue for such
Participant under the Employer's defined benefit plan(s), until the sum of his
Defined Contribution and Defined Benefit Plan Fractions is less than 1.0.

     This section shall cease to apply effective as of the first Limitation Year
beginning on or after January 1, 2000.

<PAGE>

     By executing this Plan, the Primary Employer acknowledges having counseled
to the extent necessary with selected legal and tax advisors regarding the
Plan's legal and tax implications.

     Executed this 28th day of April, 2003.

                                           CASEY'S GENERAL STORES, INC.

                                           By:    /s/ William J. Walljasper
                                                  ------------------------------
                                           Title: Vice President Human Resources

Defined Contribution Plan 8.0

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