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                                                                     Exhibit 4.2

                                RESTATED BYLAWS
                       (as amended as of April 27, 2001)
                                       OF
                             MASSEY ENERGY COMPANY
                            (a Delaware corporation)

                                   ARTICLE I

                                    OFFICES

       Section 1.01  Registered  Office.   The registered office of MASSEY
ENERGY COMPANY (hereinafter called the "Corporation") in the State of Delaware
shall be at 9 East Loockerman Street, City of Dover, County of Kent, and the
name of the registered agent at that address shall be National Registered
Agents, Inc.

       Section 1.02  Principal  Office.   The principal office for the
transaction of the business of the Corporation shall be at Four North Fourth
Street, Richmond, Virginia 23219.   The Board of Directors (hereinafter called
the "Board") is hereby granted full power and authority to change said principal
office from one location to another.

       Section 1.03  Other  Offices.   The Corporation may also have an office
or offices at such other place or places, either within or without the State of
Delaware, as the Board may from time to time determine or as the business of the
Corporation may require.

                                   ARTICLE II

                            MEETINGS OF STOCKHOLDERS

       Section 2.01  Annual  Meetings.   Annual meetings of the stockholders of
the Corporation for the purpose of electing directors and for the transaction of
such other proper business as may come before such meetings may be held at such
time, date and place as the Board shall determine by resolution.

       Section 2.02  Special  Meetings.   Special meetings of the stockholders
of the Corporation for any purpose or purposes may be called at any time by the
Board, or by a committee of the Board which has been duly designated by the
Board and whose powers and authority, as provided in a resolution of the Board
or in the Bylaws, include the power to call such meeting, but such special

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meetings may not be called by any other person or persons; provided, however,
that if and to the extent that any special meetings of stockholders may be
called by any other person or persons specified in any provisions of the
Certificate of Incorporation or any amendment thereto or any certificate filed
under Section 151(g) of the Delaware General Corporation Law (or its successor
statute as in effect from time to time hereafter), then such special meeting may
also be called by the person or persons, in the manner, at the times and for the
purposes so specified.

       Section 2.03  Place  of  Meetings.   All meetings of the stockholders
shall be held at such places, within or without the State of Delaware, as may
from time to time be designated by the person or persons calling the respective
meeting and specified in the respective notices or waivers of notice thereof.

       Section 2.04  Notice  of  Stockholder  Business.   At an annual meeting
of the stockholders, only such business shall be conducted as shall have been
properly brought before the meeting (a) by or at the direction of the Board of
Directors or (b) by any stockholder of the Corporation who complies with the
notice procedures set forth in this Section 2.04.   For business to be properly
brought before an annual meeting by a stockholder, the stockholder must have
given timely notice thereof in writing to the Secretary of the Corporation.   To
be timely, a stockholder's notice must be delivered to or mailed and received at
the principal office of the Corporation, not less than 60 days nor more than 90
days prior to the meeting; provided, however, that in the event that less than
40 days' notice or prior public disclosure of the date of the meeting is given
or made to stockholders, notice by the stockholder to be timely must be received
not later than the close of business on the 10th day following the day on which
such notice of the date of the meeting was mailed or such public disclosure was
made.   A stockholder's notice to the Secretary shall set forth as to each
matter the stockholder proposes to bring before the annual meeting (a) a brief
description of the business desired to be brought before the annual meeting and
the reasons for conducting such business at the annual meeting, (b) the name and
address, as they appear on the books of the Corporation, of the stockholder
proposing such business, (c) the class and number of shares of the Corporation
which are beneficially owned by the stockholder, and (d) any material interest
of the stockholder in such business.   Notwithstanding anything in the Bylaws to
the contrary, no business shall be conducted at an annual meeting except in
accordance with the procedures set forth in this Section 2.04.   The Chairman of
an annual meeting shall, if the facts warrant, determine and declare to the
meeting that business was not properly brought before the meeting in accordance
with the provisions of this Section 2.04, and if he or she should so determine,
he or she shall so declare to the meeting and any such business not properly
brought before the meeting shall not be transacted.

       Section 2.05  Notice  of  Meetings.   Except as otherwise required by
law, notice of each meeting of the stockholders, whether annual or special,
shall be given not less than 10 nor more than 60 days before the date of the
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meeting to each stockholder of record entitled to vote at such meeting by
delivering a typewritten or printed notice thereof to him or her personally, or
by depositing such notice in the United States mail, in a postage prepaid
envelope, directed to him or her at his or her post office address furnished by
him or her to the Secretary of the Corporation for such purpose or, if he or she
shall not have furnished to the Secretary his or her address for such purposes,
then at his or her post office address last known to the Secretary, or by
transmitting a notice thereof to him or her at such address by telegraph, cable
or wireless.   Except as otherwise expressly required by law, no publication of
any notice of a meeting of the stockholders shall be required.   Every notice of
a meeting of the stockholders shall state the place, date and hour of the
meeting, and, in the case of a special meeting, shall also state the purpose or
purposes for which the meeting is called.   Notice of any meeting of
stockholders shall not be required to be given to any stockholder who shall have
waived such notice and such notice shall be deemed waived by any stockholder who
shall attend such meeting in person or by proxy, except a stockholder who shall
attend such meeting for the express purpose of objecting, at the beginning of
the meeting, to the transaction of any business because the meeting is not
lawfully called or convened.   Except as otherwise expressly required by law,
notice of any adjourned meeting of the stockholders need not be given if the
time and place thereof are announced at the meeting at which the adjournment is
taken.

       Section 2.06  Quorum.   Except in the case of any meeting for the
election of directors summarily ordered as provided by law, the holders of
record of a majority in voting interest of the shares of stock of the
Corporation entitled to be voted thereat, present in person or by proxy, shall
constitute a quorum for the transaction of business at any meeting of the
stockholders of the Corporation or any adjournment thereof.   In the absence of
a quorum at any meeting or any adjournment thereof, a majority in voting
interest of the stockholders present in person or by proxy and entitled to vote
thereat or, in the absence therefrom of all the stockholders, any officer
entitled to preside at, or to act as secretary of, such meeting may adjourn such
meeting from time to time.   At any such adjourned meeting at which a quorum is
present any business may be transacted which might have been transacted at the
meeting as originally called.

       Section 2.07  Voting.

       (a)  Each stockholder shall, at each meeting of the stockholders, be
entitled to vote in person or by proxy each share or fractional share of the
stock of the Corporation having voting rights on the matter in question and
which shall have been held by him or her and registered in his or her name on
the books of the Corporation:

          (i)  on the date fixed pursuant to Section 6.05 of the Bylaws as the
record date for the determination of stockholders entitled to notice of and to
vote at such meeting, or
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          (ii)  if no such record date shall have been so fixed, then (a) at the
close of business on the day next preceding the day on which notice of the
meeting shall be given or (b) if notice of the meeting shall be waived, at the
close of business on the day next preceding the day on which meeting shall be
held.

       (b) Shares of its own stock belonging to the Corporation or to another
corporation, if a majority of the shares entitled to vote in the election of
directors in such other corporation is held, directly or indirectly, by the
Corporation, shall neither be entitled to vote nor be counted for quorum
purposes. Persons holding stock of the Corporation in a fiduciary capacity shall
be entitled to vote such stock. Persons whose stock is pledged shall be entitled
to vote, unless in the transfer by the pledgor on the books of the Corporation
he or she shall have expressly empowered the pledgee to vote thereon, in which
case only the pledgee, or his or her proxy, may represent such stock and vote
thereon.   Stock having voting power standing of record in the names of two or
more persons, whether fiduciaries, members of a partnership, joint tenants,
tenants in common, tenants by the entirety or otherwise, or with respect to
which two or more persons have the same fiduciary relationship, shall be voted
in accordance with the provisions of the General Corporation Law of the State of
Delaware.

       (c) Any such voting rights may be exercised by the stockholder entitled
thereto in person or by his or her proxy appointed by an instrument in writing,
subscribed by such stockholder or by his or her attorney thereunto authorized
and delivered to the secretary of the meeting; provided, however, that no proxy
shall be voted or acted upon after three years from its date unless said proxy
shall provide for a longer period.   The attendance at any meeting of a
stockholder who may theretofore have given a proxy shall not have the effect of
revoking the same unless he or she shall in writing so notify the secretary of
the meeting prior to the voting of the proxy.   At any meeting of the
stockholders all matters, except as otherwise provided in the Certificate of
Incorporation, in the Bylaws or by law, shall be decided by the vote of a
majority in voting interest of the stockholders present in person or by proxy
and entitled to vote thereat and thereon, a quorum being present.   The vote at
any meeting of the stockholders on any question need not be by ballot, unless so
directed by the chairman of the meeting.   On a vote by ballot each ballot shall
be signed by the stockholder voting, or by his or her proxy, if there be such
proxy, and it shall state the number of shares voted.

       Section 2.08  List  of  Stockholders.   The Secretary of the Corporation
shall prepare and make, at least 10 days before every meeting of stockholders, a
complete list of the stockholders entitled to vote at the meeting, arranged in
alphabetical order, and showing the address of each stockholder and the number
of shares registered in the name of each stockholder.  Such list shall be open
to the examination of any stockholder, for any purpose germane to the meeting,
during ordinary business hours, for a period of at least 10 days prior to the
meeting, either at a place within the city where the meeting is to be held,
which place shall be specified in the notice of the meeting, or, if not so
specified, at the place where the meeting is to be held.   The list shall also
be produced and kept at the time and place of the meeting during the entire
duration thereof, and may be inspected by any stockholder who is present.
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       Section 2.09  Judges.   If at any meeting of the stockholders a vote by
written ballot shall be taken on any question, the chairman of such meeting may
appoint a judge or judges to act with respect to such vote.   Each judge so
appointed shall first subscribe an oath faithfully to execute the duties of a
judge at such meeting with strict impartiality and according to the best of his
or her ability.   Such judges shall decide upon the qualification of the voters
and shall report the number of shares represented at the meeting and entitled to
vote on such question, shall conduct and accept the votes, and, when the voting
is completed shall ascertain and report the number of shares voted respectively
for and against the question.   Reports of the judges shall be in writing and
subscribed and delivered by them to the Secretary of the Corporation.  The
judges need not be stockholders of the Corporation, and any officer of the
Corporation may be a judge on any question other than a vote for or against a
proposal in which he or she shall have a material interest.

                                  ARTICLE III

                               BOARD OF DIRECTORS

       Section 3.01  General  Powers.   The property, business and affairs of
the Corporation shall be managed by the Board.

       Section 3.02  Number.   The authorized number of directors of the
Corporation shall be seven and such authorized number shall not be changed
except by a Bylaw or amendment thereof duly adopted by the stockholders in
accordance with the Certificate of Incorporation or by the Board amending this
Section 3.02.

       Section 3.03  Election  of  Directors.   The directors shall be elected
by the stockholders of the Corporation, and at each election the persons
receiving the greatest number of votes, up to the number of directors then to be
elected, shall be the persons then elected.   The election of directors is
subject to any provisions contained in the Certificate of Incorporation relating
thereto, including any provisions for a classified board and for cumulative
voting.

       Section 3.04  Notice  of  Stockholder  Nominees.   Only persons who are
nominated in accordance with the procedures set forth in the Bylaws shall be
eligible for election as directors. Nominations of persons for election to the
Board of Directors of the Corporation may be made at a meeting of stockholders
(a) by or at the direction of the Board of Directors or (b) by any stockholder
of the Corporation entitled to vote for the election of directors at the meeting
who complies with the notice procedures set forth in this Section 3.04.   Such
nominations, other than those made by or at the direction of the Board of
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Directors, shall be made pursuant to timely notice in writing to the Secretary
of the Corporation.   To be timely, a stockholder's notice shall be delivered to
or mailed and received at the principal office of the Corporation not less than
60 days nor more than 90 days prior to the meeting; provided, however, that in
the event that less than 40 days' notice or prior public disclosure of the date
of the meeting is given or made to stockholders, notice by the stockholder to be
timely must be received not later than the close of business on the 10th day
following the day on which such notice of the date of the meeting was mailed or
such public disclosure was made.   Such stockholder's notice shall set forth (a)
as to each person whom the stockholder proposes to nominate for election or re-
election as a director, all information relating to such person that is required
to be disclosed in solicitations of proxies for election of directors, or is
otherwise required, in each case pursuant to Regulation 14A under the Securities
Exchange Act of 1934, as amended (including without limitation such person's
written consent to be named in the proxy statement as a nominee and to serve as
a director if elected); and (b) as to the stockholder proposing such nomination
(i) the name and address, as they appear on the books of the Corporation, of
such stockholder, and (ii) the class and number of shares of the Corporation
which are beneficially owned by such stockholder.   At the request of the Board
of Directors any person nominated by the Board of Directors for election as a
director shall furnish to the Secretary of the Corporation that information
required to be set forth in a stockholder's notice of nomination which pertains
to the nominee.   No person shall be eligible for election as a director of the
Corporation unless nominated in accordance with the procedures set forth in the
Bylaws.   The Chairman of the meeting shall, if the facts warrant, determine and
declare to the meeting that a nomination was not made in accordance with the
procedures prescribed by the Bylaws, and if he or she should so determine, he or
she shall so declare to the meeting and the defective nomination shall be
disregarded.

       Section 3.05  Mandatory  Retirement.  Each director of the Corporation
serving at age 78 shall retire from the Board at the end of the calendar year in
which his or her 78th birthday occurs unless such retirement age shall be waived
by the unanimous vote of the directors.   For purposes of this Section, "end of
the calendar year" shall include the period ending with the seventh day of
January next following.

       Section 3.06  Resignations.   Any director of the Corporation may resign
at any time by giving written notice to the Board or to the Secretary of the
Corporation.   Any such resignation shall take effect at the time specified
therein, or, if the time be not specified, it shall take effect immediately upon
its receipt; and, unless otherwise specified therein, the acceptance of such
resignation shall not be necessary to make it effective.

       Section 3.07  Vacancies.   Except as otherwise provided in the
Certificate of Incorporation, any vacancy in the Board, whether because of
death, resignation, disqualification, an increase in the number of directors, or
any other cause, may be filled by vote of the majority of the remaining
directors, although less than a quorum.   Each director so chosen to fill a
vacancy shall hold office until his or her successor shall have been elected and
shall qualify or until he or she shall resign or shall have been removed.

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       Section 3.08  Place  of  Meeting,  etc.   The Board may hold any of its
meetings at such place or places within or without the State of Delaware as the
Board may from time to time by resolution designate or as shall be designated by
the person or persons calling the meeting or in the notice or a waiver of notice
of any such meeting.   Directors may participate in any regular or special
meeting of the Board by means of conference telephone or similar communications
equipment pursuant to which all persons participating in the meeting of the
Board can hear each other, and such participation shall constitute presence in
person at such meeting.

       Section 3.09  First  Meeting.   The Board shall meet as soon as
practicable after each annual election of directors and notice of such first
meeting shall not be required.

       Section 3.10  Regular  Meetings.   Regular meetings of the Board may be
held at such times as the Board shall from time to time by resolution determine.
If any day fixed for a meeting shall be a legal holiday at the place where the
meeting is to be held, then the meeting shall be held at the same hour and place
on the next succeeding business day not a legal holiday.   Except as provided by
law, notice of regular meetings need not be given.

       Section 3.11  Special  Meetings.   Special meetings of the Board may be
called at any time by the Chairman of the Board or the President or by any two
directors, to be held at the principal office of the Corporation, or at such
other place or places, within or without the State of Delaware, as the person or
persons calling the meeting may designate.

       Notice of all special meetings of the Board shall be given to each
director by two days' service of the same by telegram, by letter, or personally.
Such notice may be waived by any director and any meeting shall be a legal
meeting without notice having been given if all the directors shall be present
thereat or if those not present shall, either before or after the meeting, sign
a written waiver of notice of, or a consent to, such meeting or shall after the
meeting sign the approval of the minutes thereof.   All such waivers, consents
or approvals shall be filed with the corporate records or be made a part of the
minutes of the meeting.

       Section 3.12  Quorum  and  Manner  of  Acting.   Except as otherwise
provided in the Bylaws or by law, the presence of a majority of the authorized
number of directors shall be required to constitute a quorum for the transaction
of business at any meeting of the Board, and all matters shall be decided at any
such meeting, a quorum being present, by the affirmative votes of a majority of
the directors present.   In the absence of a quorum, a majority of directors
present at any meeting may adjourn the same from time to time until a quorum
shall be present.   Notice of any adjourned meeting need not be given.   The
directors shall act only as a Board, and the individual directors shall have no
power as such.

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       Section 3.13  Action  by  Consent.   Any action required or permitted to
be taken at any meeting of the Board or of any committee thereof may be taken
without a meeting if a written consent thereto is signed by all members of the
Board or of such committee, as the case may be, and such written consent is
filed with the minutes of proceedings of the Board or such committee.

       Section 3.14  Compensation.   No stated salary need be paid directors, as
such, for their services, but, by resolution of the Board, a fixed sum and
expenses of attendance, if any, may be allowed for attendance at each regular or
special meeting of the Board or an annual directors' fee may be paid; provided
that nothing herein contained shall be construed to preclude any director from
serving the Corporation in any other capacity and receiving compensation
therefore.   Members of special or standing committees may be allowed like
compensation for attending committee meetings.

       Section 3.15  Committees.   The Board may, by resolution passed by the
Board, designate one or more committees, each committee to consist of one or
more of the directors of the Corporation.  Except as otherwise provided in the
Board resolution designating a committee, the presence of a majority of the
authorized number of members of such committee shall be required to constitute a
quorum for the transaction of business at any meeting of such committee.   Any
such committee, to the extent provided in the resolution of the Board, shall
have and may exercise all the powers and authority of the Board in the
management of the business and affairs of the Corporation, and may authorize the
seal of the Corporation to be affixed to all papers which may require it; but no
such committee shall have any power or authority in reference to amending the
Certificate of Incorporation, adopting an agreement of merger or consolidation,
recommending to the stockholders the sale, lease or exchange of all or
substantially all of the Corporation's property and assets, recommending to the
stockholders a dissolution of the Corporation or a revocation of the
dissolution, or amending the Bylaws of the Corporation; and unless the
resolution of the Board expressly so provides, no such committee shall have the
power or authority to declare a dividend or to authorize the issuance of stock.
Any such committee shall keep written minutes of its meetings and report the
same to the Board at the next regular meeting of the Board.

       Section 3.16  Officers  of  the  Board.   The Board shall have a Chairman
of the Board and may, at the discretion of the Board, have a Vice Chairman and
other officers.   The Chairman of the Board and the Vice Chairman shall be
appointed from time to time by the Board, unless such positions are elected
offices of the Corporation, currently filled, and shall have such powers and
duties as shall be designated by the Board.

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                                   ARTICLE IV

                                    OFFICERS

       Section 4.01  Officers.   The officers of the Corporation shall be a
Chairman of the Board, a Chief Executive Officer, a Secretary, a Treasurer and
such other officers as may be appointed by the Board as the business of the
Corporation may require.   Officers shall have such powers and duties as are
permitted or required by law or as may be specified by or in accordance with
resolutions of the Board.   Any number of offices may be held by the same
person.  Unless the Board shall otherwise determine, the Chairman of the Board
shall be the Chief Executive Officer of the Corporation.   In the absence of any
contrary determination by the Board, the Chief Executive Officer shall, subject
to the power and authority of the Board, have general supervision, direction and
control of the officers, employees, business and affairs of the Corporation.

       Section 4.02  Election  and  Term.   The officers of the Corporation
shall be elected annually by the Board.   The Board may at any time and from
time to time elect such additional officers as the business of the Corporation
may require.   Each officer shall hold his or her office until his or her
successor is elected and qualified or until his or her earlier resignation or
removal.

       Section 4.03  Removal  and  Resignation.   Any officer may be removed,
either with or without cause, by a majority of the directors at the time in
office, at any regular or special meeting of the Board. Any officer may resign
at any time by giving notice to the Board.   Such resignation shall take effect
at the time specified in such notice or, in the absence of such specification,
at the date of the receipt by the Board of such notice.   Unless otherwise
specified in such notice, the acceptance of such resignation shall not be
necessary to make it effective.

       Section 4.04  Vacancies.   Any vacancy occurring in any office of the
Corporation by death, resignation, removal or otherwise, shall be filled in the
manner prescribed in these Bylaws for the regular appointment to such office.

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                                   ARTICLE V

                 CONTRACTS, CHECKS, DRAFTS, BANK ACCOUNTS, ETC.

       Section 5.01  Execution  of  Contracts.   The Board, except as in the
Bylaws otherwise provided, may authorize any officer or officers, agent or
agents, to enter into any contract or execute any instrument in the name and on
behalf of the Corporation, and such authority may be general or confined to
specific instances; and unless so authorized by the Board or by the Bylaws, no
officer, agent or employee shall have any power or authority to bind the
Corporation by any contract or engagement or to pledge its credit or to render
it liable for any purpose or in any amount.

       Section 5.02  Checks,  Drafts,  etc.   All checks, drafts or other orders
for payment of money, notes or other evidence of indebtedness, issued in the
name of or payable to the Corporation, shall be signed or endorsed by such
person or persons and in such manner as, from time to time, shall be determined
by resolution of the Board.   Each such person shall give such bond, if any, as
the Board may require.

       Section 5.03  Deposit.   All funds of the Corporation not otherwise
employed shall be deposited from time to time to the credit of the Corporation
in such banks, trust companies or other depositories as the Board may select, or
as may be selected by any officer or officers, assistant or assistants, agent or
agents, or attorney or attorneys of the Corporation to whom such power shall
have been delegated by the Board.   For the purpose of deposit and for the
purpose of collection for the account of the Corporation, the Chief Executive
Officer, the President or the Treasurer (or any other officer or officers,
assistant or assistants, agent or agents, or attorney or attorneys of the
Corporation who shall from time to time be determined by the Board) may endorse,
assign and deliver checks, drafts and other orders for the payment of money
which are payable to the order of the Corporation.

       Section 5.04  General  and  Special  Bank  Accounts.   The Board may from
time to time authorize the opening and keeping of general and special bank
accounts with such banks, trust companies or other depositories as the Board may
select or as may be selected by any officer or officers, assistant or
assistants, agent or agents, or attorney or attorneys of the Corporation to whom
such power shall have been delegated by the Board.   The Board may make such
special rules and regulations with respect to such bank accounts, not
inconsistent with the provisions of the Bylaws, as it may deem expedient.

                                   ARTICLE VI

                           SHARES AND THEIR TRANSFER

       Section 6.01  Certificates  for  Stock.   Every owner of stock of the
Corporation shall be entitled to have a certificate or certificates, to be in
such form as the Board shall prescribe, certifying the number and class of
shares of the stock of the Corporation owned by him or her. The certificates
representing shares of such stock shall be numbered in the order in which they
shall be issued and shall be signed in the name of the Corporation by the
President and by the Secretary.   Any or all of the signatures on the
certificates may be a facsimile.   In case any officer, transfer agent or
registrar who has signed or whose facsimile signature has been placed upon any
such certificate shall thereafter have ceased to be such officer, transfer agent
or registrar before such certificate is issued, such certificate may

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nevertheless be issued by the Corporation with the same effect as though the
person who signed such certificate, or whose facsimile signature shall have been
placed thereupon, were such officer, transfer agent or registrar at the date of
issue.   A record shall be kept of the respective names of the persons, firms or
corporations owning the stock represented by such certificates, the number and
class of shares represented by such certificates, respectively, and the
respective dates thereof, and in case of cancellation the respective dates of
cancellation.   Every certificate surrendered to the Corporation for exchange or
transfer shall be cancelled, and no new certificate or certificates shall be
issued in exchange for any existing certificate until such existing certificate
shall have been so cancelled, except in cases provided for in Section 6.04 of
the Bylaws.

       Section 6.02  Transfers  of  Stock.   Transfers of shares of stock of the
Corporation shall be made only on the books of the Corporation by the registered
holder thereof, or by his or her attorney thereunto authorized by power of
attorney duly executed and filed with the Secretary, or with a transfer clerk or
a transfer agent appointed as provided in Section 6.03 of the Bylaws, and upon
surrender of the certificate or certificates for such shares properly endorsed
and the payment of all taxes thereon.   The person in whose name shares of stock
stand on the books of the Corporation shall be deemed the owner thereof for all
purposes as regards the Corporation.   Whenever any transfer of shares shall be
made for collateral security, and not absolutely, such fact shall be stated
expressly in the entry of transfer if, when the certificate or certificates
shall be presented to the Corporation for transfer, both the transferor and the
transferee request the Corporation to do so.

       Section 6.03  Regulations.   The Board may make such rules and
regulations as it may deem expedient, not inconsistent with the Bylaws,
concerning the issue, transfer and registration of certificates for shares of
the stock of the Corporation.   It may appoint, or authorize any officer or
officers to appoint, one or more transfer clerks or one or more transfer agents
and one or more registrars, and may require all certificates for stock to bear
the signature or signatures of any of them.

       Section 6.04  Lost, Stolen, Destroyed, And Mutilated Certificates.   In
any case of loss, theft, destruction, or mutilation of any certificate of stock,
another may be issued in its place upon proof of such loss, theft, destruction,
or mutilation and upon the giving of a bond of indemnity to the Corporation in
such form and in such sum as the Board may direct; provided, however, that a new
certificate may be issued without requiring any bond when, in the judgment of
the Board, it is proper so to do.

       Section 6.05  Fixing  Date  for  Determination  of  Stockholders of
Record.   In order that the Corporation may determine the stockholders entitled
to notice of or to vote at any meeting of stockholders or any adjournment
thereof, or entitled to receive payment of any dividend or other distribution or
allotment of any rights, or entitled to exercise any rights in respect of any
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other change, conversion or exchange of stock or for the purpose of any other
lawful action, the Board may fix, in advance, a record date, which shall not be
more than 60 nor less than 10 days before the date of such meeting, nor more
than 60 days prior to any other action.   If, in any case involving the
determination of stockholders for any purpose other than notice of or voting at
a meeting of stockholders, the Board shall not fix such a record date, the
record date for determining stockholders for such purpose shall be the close of
business on the day on which the Board shall adopt the resolution relating
thereto.   A determination of stockholders entitled to notice of or to vote at a
meeting of stockholders shall apply to any adjournment of such meeting;
provided, however, that the Board may fix a new record date for the adjourned
meeting.

                                  ARTICLE VII

                                 MISCELLANEOUS

       Section 7.01  Seal.   The Board shall provide a corporate seal, which
shall be in the form of a circle and shall bear the name of the Corporation and
words and figures showing that the Corporation was incorporated in the State of
Delaware and the year of incorporation.

       Section 7.02  Waiver  of  Notices.   Whenever notice is required to be
given by the Bylaws or the Certificate of Incorporation or by law, the person
entitled to said notice may waive such notice in writing, either before or after
the time stated therein, and such waiver shall be deemed equivalent to notice.

       Section 7.03  Fiscal  Year.   The fiscal year of the Corporation shall
end on the 31st day of October of each year.

       Section 7.04  Amendments.   The Bylaws, or any of them, may be rescinded,
altered, amended or repealed, and new Bylaws may be made, (i) by the Board, by
vote of a majority of the number of directors then in office as directors,
acting at any meeting of the Board, or (ii) by the vote of the holders of not
less than 80% of the total voting power of all outstanding shares of voting
stock of the Corporation, at any annual meeting of stockholders, without
previous notice, or at any special meeting of stockholders, provided that notice
of such proposed amendment, modification, repeal or adoption is given in the
notice of special meeting.   Any Bylaws made or altered by the stockholders may
be altered or repealed by the Board or may be altered or repealed by the
stockholders.

                                      12<PAGE>

                                                                    Exhibit 4.3

                                                         Restated to Incorporate
                                        Amendments Adopted Through December 1997

                                  COAL COMPANY

                     SALARY DEFERRAL AND PROFIT SHARING PLAN

                             As Amended and Restated
                            Effective January 1, 1994
<PAGE>

                             TABLE OF CONTENTS
                               -----------------

Section                                                                  Page
-------                                                                  ----

INTRODUCTION

ARTICLE I   DEFINITIONS

    1.01.   Account.....................................................    I-1
    1.02.   Actual Deferral Percentage or ADP...........................    I-1
    1.03.   Affiliate...................................................    I-1
    1.04.   Alternate Payee.............................................    I-2
    1.05.   Annuity Starting Date.......................................    I-2
    1.06.   Beneficiary.................................................    I-2
    1.07.   Board.......................................................    I-2
    1.08.   Code........................................................    I-2
    1.09.   Committee...................................................    I-2
    1.10.   Company.....................................................    I-2
    1.11.   Compensation................................................    I-2
    1.12.   Contribution Percentage.....................................    I-3
    1.13.   Deemed Employee.............................................    I-4
    1.14.   Disability..................................................    I-4
    1.15.   Effective Date..............................................    I-5
    1.16.   Elective Deferral Account...................................    I-5
    1.17.   Elective Deferral Contribution..............................    I-5
    1.18.   Employee....................................................    I-5
    1.19.   Employer....................................................    I-6
    1.20.   Entry Date..................................................    I-6
    1.21.   ERISA.......................................................    I-6
    1.22.   Excess Aggregate Contribution...............................    I-6
    1.23.   Excess Contribution.........................................    I-7
    1.24.   Excess Deferral.............................................    I-7
    1.25.   Family Member...............................................    I-7
    1.26.   Fiduciary...................................................    I-8
    1.27.   Highly Compensated Employee or HCE..........................    I-8
    1.28.   Hour of Service.............................................   I-11

                                      -i-
<PAGE>

                               TABLE OF CONTENTS
                               -----------------

Section                                                                  Page
-------                                                                  ----

    1.29.   Information Date............................................   I-11
    1.31.   Investment Fund.............................................   I-11
    1.32.   Investment Manager..........................................   I-11
    1.33.   Matching Account............................................   I-11
    1.34.   Matching Contribution.......................................   I-11
    1.35.   Military Leave..............................................   I-11
    1.36.   Named Fiduciary.............................................   I-12
    1.37.   Named Fiduciary's Designee..................................   I-12
    1.38.   Normal Retirement Date......................................   I-12
    1.39.   Participant.................................................   I-12
    1.40.   Plan........................................................   I-12
    1.41.   Plan Administrator..........................................   I-12
    1.42.   Plan Year...................................................   I-12
    1.43.   Qualified Domestic Relations Order..........................   I-12
    1.44.   Qualified Matching Contribution.............................   I-13
    1.45.   Qualified Non-Elective Contribution.........................   I-13
    1.46.   Qualified Plan or Qualified Trust...........................   I-13
    1.47.   Related Entity..............................................   I-13
    1.48.   Restricted 401(k) Employee..................................   I-14
    1.49.   Restricted 401(m) Employee..................................   I-14
    1.50.   Spouse or Surviving Spouse..................................   I-14
    1.51.   Transfer Account............................................   I-14
    1.52.   Transfer Contribution.......................................   I-14
    1.53.   Transferred Employee........................................   I-14
    1.54.   Trust Agreement.............................................   I-15
    1.55.   Trust Fund..................................................   I-15
    1.56.   Trustee.....................................................   I-15
    1.57.   Uniformed Service
    1.58.   Unrestricted 401(k) Employee................................   I-15
    1.59.   Unrestricted 401(m) Employee................................   I-15
    1.60.   USERRA......................................................   I-15
    1.61.   Valuation Date..............................................   I-16
    1.62.   Year of Service.............................................   I-16

                                      -ii-
<PAGE>

                               TABLE OF CONTENTS
                               -----------------

Section                                                                  Page
-------                                                                  ----

ARTICLE II  PARTICIPATION

    2.01.   Initial Eligibility to Participate..........................   II-1
    2.02.   Participation of Reemployed Individuals.....................   II-1
    2.03.   Notification and Application to Participate.................   II-1
    2.04.   Change in Status............................................   II-2
    2.05.   Cessation of Participation..................................   II-2
    2.06.   Reemployment Following Military Leave.......................   II-2

ARTICLE III CONTRIBUTIONS

    3.01.   Elective Deferral Contributions.............................  III-1
    3.02.   Matching Contributions......................................  III-1
    3.03.   Qualified Non-Elective and Qualified Matching Contributions.  III-2
    3.04.   Elective Deferral Contribution Limitations..................  III-2
    3.05.   Matching Contribution Limitations...........................  III-5
    3.06.   General Provisions on Elective Deferral Contributions.......  III-6
    3.07.   General Provisions on Employer Contributions................  III-7
    3.08.   USERRA Contributions........................................  III-8

ARTICLE IV  ALLOCATIONS

    4.01.   Participants' Accounts......................................   IV-1
    4.02.   Allocation of Employer Contributions........................   IV-1
    4.04.   Funding Policy..............................................   IV-2
    4.05.   Allocation of Trust Income and Gains and Losses.............   IV-3
    4.06.   Excess Deferrals............................................   IV-3
    4.07.   Excess Contributions........................................   IV-4
    4.08.   Excess Aggregate Contributions..............................   IV-5

                                     -iii-
<PAGE>

                               TABLE OF CONTENTS
                               -----------------

Section                                                                  Page
-------                                                                  ----

ARTICLE V   VESTING

ARTICLE VI  DISTRIBUTIONS

    6.01.   Retirement Distributions....................................   VI-1
    6.02.   Termination of Employment Distributions.....................   VI-2
    6.03.   Consent to Distribution.....................................   VI-2
    6.04.   Optional Forms of Benefit...................................   VI-3
    6.05.   Commutation of Benefits.....................................   VI-4
    6.06.   Commencement of Benefits....................................   VI-4
    6.07.   Special Distribution Provisions.............................   VI-5
    6.08.   Limitations on Distributions of Elective Deferral
                Contributions...........................................   VI-6
    6.09.   Withdrawals.................................................   VI-7
    6.10.   Hardship Distributions......................................   VI-7
    6.11.   Qualified Domestic Relations Order Payments.................   VI-9
    6.12.   Loans to Participants.......................................  VI-11
    6.13.   Direct Rollovers............................................  VI-14

ARTICLE VII DEATH BENEFITS

    7.01.   General.....................................................  VII-1
    7.02.   Death Distributions.........................................  VII-1
    7.03.   Designation of Beneficiary..................................  VII-1

ARTICLE VIII PLAN FUNDING

    8.01.   Trust Agreement............................................. VIII-1
    8.02.   Participant Directed Investments............................ VIII-1
    8.03.   Investment of Income........................................ VIII-2

                                      -iv-
<PAGE>

                               TABLE OF CONTENTS
                               -----------------

Section                                                                  Page
-------                                                                  ----

ARTICLE IX  APPOINTMENTS AND ALLOCATION OF FIDUCIARY RESPONSIBILITY

    9.01.   Named Fiduciary.............................................   IX-1
    9.02.   Allocation of Responsibility................................   IX-1
    9.03.   Plan Administrator..........................................   IX-1
    9.04.   Benefits Committee..........................................   IX-2
    9.05.   Trustee.....................................................   IX-2
    9.06.   Investment..................................................   IX-3
    9.07.   Errors and Omissions........................................   IX-3
    9.08.   Fiduciary Discretion........................................   IX-4
    9.09.   Limitation of Liability.....................................   IX-4

ARTICLE X   PLAN ADMINISTRATION

   10.01.   General.....................................................    X-1
   10.02.   Duties of Plan Administrator................................    X-1
   10.03.   Disclosure..................................................    X-1
   10.04.   Annual Accountings..........................................    X-2
   10.05.   Expenses and Compensation...................................    X-2
   10.06.   Directions to Trustee.......................................    X-3
   10.07.   Recapture of Payments.......................................    X-3
   10.08.   Claims Procedure............................................    X-3
   10.09.   Benefits Committee..........................................    X-5
   10.10.   Investment Committee........................................    X-6
   10.11.   Asset Transfers.............................................    X-7

ARTICLE XI  AMENDMENT AND TERMINATION OF THE PLAN

   11.01.   Amendment of the Plan.......................................   XI-1
   11.02.   Termination of the Plan.....................................   XI-1
   11.03.   No Reversion to Employer....................................   XI-2
   11.04.   Merger, Consolidation and Transfer of Assets or Liabilities.   XI-2

                                      -v-
<PAGE>

                               TABLE OF CONTENTS
                               -----------------

Section                                                                  Page
-------                                                                  ----

ARTICLE XII GENERAL PROVISIONS

   12.01.   Qualification...............................................  XII-1
   12.02.   No Guarantees...............................................  XII-1
   12.03.   Limits on Assignment........................................  XII-2
   12.04.   Discharge of Liability......................................  XII-2
   12.05.   Unclaimed Benefits..........................................  XII-2
   12.06.   Construction................................................  XII-2
   12.07.   Misstatement of Fact........................................  XII-3
   12.08.   Adoption by Affiliate.......................................  XII-3

SIGNATURE PAGE

APPENDIX A     BENEFIT LIMITATIONS AND TOP-HEAVY RULES

EXHIBIT I      ADOPTING EMPLOYERS

EXHIBIT II     INVESTMENT OPTIONS

                                      -vi-
<PAGE>

                                 INTRODUCTION
                                 ------------

          The Salary Deferral and Profit Sharing Plan of A. T. Massey Coal
Company, Inc. was adopted effective January 1, 1985.  On May 1, 1989, the
following plans were merged into this Plan and the resulting plan was renamed
the Coal Company Salary Deferral and Profit Sharing Plan (the Plan):

           Salary Deferral and Profit Sharing Plan of Elk Run Coal Company, Inc.

           Salary Deferral and Profit Sharing Plan of Martin County Coal
           Corporation

           Salary Deferral and Profit Sharing Plan of Massey Coal Export Company

           Salary Deferral and Profit Sharing Plan of Massey Coal Sales Company,
           Inc.

           Salary Deferral and Profit Sharing Plan of Massey Coal Services
           Company, Inc.

           Salary Deferral and Profit Sharing Plan of Peerless Eagle Coal
           Company

           Salary Deferral and Profit Sharing Plan of Pennsylvania Mine
           Services, Inc.

           Salary Deferral and Profit Sharing Plan of Rawl Sales & Processing
           Company

           Salary Deferral and Profit Sharing Plan of Tennessee Consolidated
           Coal Company

           Salary Deferral and Profit Sharing Plan of Virginia Crews Coal
           Company

           Salary Deferral and Profit Sharing Plan of Wyomac Coal Company, Inc.

          Except as otherwise specifically provided, effective January 1, 1994,
the Plan is amended and restated in its entirety to conform to the provisions of

                                 INTRODUCTION-1
<PAGE>

the Tax Reform Act of 1986 and subsequent statutory and regulatory changes.  The
Plan is further amended to effect changes enacted by the Uniformed Services
Employment and Reemployment Rights Act of 1994 and the Small Business Job
Protection Act of 1996.

          The intent and purpose of the Company in maintaining the Plan is to
provide a tax-qualified plan for the benefit of its employees (and the eligible
employees of its affiliates who may adopt the Plan), under which its
contributions are deductible currently from its federal-tax income.  The Company
intends that the Plan be a discretionary contribution plan.  The Company intends
fully to comply with statutes and regulations governing wages, compensation, and
fringe employment benefits, especially sections 401(a) and 401(k) of the
Internal Revenue Code of 1986, as amended.  All questions arising in the
construction and administration of the Plan must be resolved accordingly.

                                 INTRODUCTION-2
<PAGE>

                                    ARTICLE I

                                   DEFINITIONS
                                   -----------

1.01.     Account means an actual account or bookkeeping record reflecting a
Participant's interest in the assets or value of the Trust Fund.  A Participant
may have several Accounts.  When the term Account is used without modification,
it means the sum of all of a Participant's Plan Accounts.  Amounts credited to a
Participant's Account (other than a specially segregated account) do not give a
Participant a right to or claim on any asset of the Plan.

SEE ALSO Elective Deferral Account, Matching Account, and Transfer Account.

1.02.     Actual Deferral Percentage or ADP, for purposes of measuring
compliance with Code section 401(k), for a specified group of Employees for a
Plan Year, means the average of the ratios (calculated separately for each
Employee in the group) of

          (a) the amount of Employer contributions made on behalf of the
Employee for the Plan Year, to

          (b) the Employee's compensation (as defined in Code section 414(s))
for the period he was a Participant in the Plan for that Plan Year.

For purposes of this definition, Employer contributions shall include (i)
Elective Deferral Contributions, including Excess Deferrals of Highly
Compensated Employees, but excluding Excess Deferrals of non-Highly Compensated
Employees and Elective Deferral Contributions taken into account under the
Contribution Percentage test described in Plan section 3.05, provided that the
ADP test described in Plan section 3.04 is satisfied both with and without the
exclusion of these Elective Deferral Contributions and (ii) at the election of
the Employer, Qualified Non-Elective Contributions and Qualified Matching
Contributions.  The Actual Deferral Percentage of an Employee who is eligible to
but does not make an Elective Deferral Contribution and who does not receive an
allocation of a Qualified Non-Elective Contribution and a Qualified Matching
Contribution is zero.

                                      I-1
<PAGE>

1.03.     Affiliate means

          (a) a member of a controlled group of corporations as defined in Code
section 1563(a), determined without regard to Code section 1563(a)(4) and
1563(e)(3)(C), of which an Employer is a member according to Code section
414(b);

          (b) an unincorporated trade or business that is under common control
with an Employer as determined according to Code section 414(c);

          (c) a member of an affiliated service group of which an Employer is a
member according to Code section 414(m); or

          (d) any entity required to be aggregated according to Code section
414(o).

1.04.     Alternate Payee means a Participant's Spouse, former Spouse, child,
or other dependent 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 the Participant.

1.05.     Annuity Starting Date means the first day on which all events occur
that entitle a Participant to a benefit.  A Participant's Annuity Starting Date
is determined subject to the procedures set forth in Plan section 6.03.

1.06.     Beneficiary means the individual or legal entity designated by a
Participant under Plan section 7.03 to receive any benefits which may be payable
under this Plan upon or after his death.  A married Participant's Beneficiary is
the Participant's Spouse unless the Spouse has consented to the Participant's
designation of a different Beneficiary.

          Despite the preceding, to the extent provided in a Qualified Domestic
Relations Order, Beneficiary means the Alternate Payee named in such Qualified
Domestic Relations Order.

1.07. Board means the Board of Directors of A. T. Massey Coal Company, Inc.

                                      I-2
<PAGE>

1.08.     Code means the provisions of the Internal Revenue Code of 1986, as
amended, as may be in effect from time to time.  Any reference to a specific
provision of the Code shall mean both that provision and any subsequent
legislation that modifies, amends, recodifies, or replaces that provision.

1.09.     Committee means any Committee provided for in Plan article IX.

1.10.     Company means A. T. Massey Coal Company, Inc.

1.11.     Compensation means an Employee's total compensation received from an
Employer for personal services actually rendered and which is includable as
gross income for federal income tax purposes.  Compensation includes salary,
hourly pay, overtime, semi-annual pay adjustments and bonuses but does not
include severance benefits, reimbursements for expenses and designated travel
allowances and any contributions by an Employer or an Affiliate to this or any
other employee benefit program (other than contributions pursuant to a salary
reduction agreement).  Compensation is 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.

          For an individual who is a Deemed Employee, Compensation includes
total pay (as determined using the elements of Compensation listed in the
paragraph above) received for a Plan Year, from an Related Entity that is not an
Employer, on account of services for that Related Entity.

          For Limitation Years beginning after December 31, 1991, for purposes
of applying the limitations of this Plan section, Compensation for a Limitation
Year is the Compensation actually paid or made available during such Limitation
Year.

          Compensation shall include any amount that is contributed by an
Employer pursuant to a salary reduction agreement and which is not includible in
the gross income of the Employee under Code section 125, 402(e)(3), 402(h) or
403(b).

          For Plan Years beginning after December 31, 1988, the Compensation for
an Employee taken into account under the Plan for any year must not exceed the
statutory limits of Code section 401(a)(17) for such year.  For Plan Years
beginning after December 31, 1988 and before January 1, 1994, the limit is
$200,000 as adjusted.  For Plan Years beginning on or after January 1, 1994, the
limit is $150,000 as adjusted.

                                      I-3
<PAGE>

          For Plan Years commencing prior to January 1, 1997, in determining
Compensation for purposes of this limitation, the rules of Code section
414(q)(6) shall apply, except that in applying such rules the term "family"
shall include only the spouse of an Employee and any lineal descendants of an
Employee who have not attained age 19 before the end of the Plan Year.  If, as a
result of the application of such rules, the adjusted Code section 401(a)(17)
limitation is exceeded, then the limitation shall be prorated among affected
individuals in proportion to each such individual's Compensation as determined
prior to the application of this limitation.

1.12.     Contribution Percentage, for purposes of measuring compliance with
Code section 401(m), for a specified group of Employees for a Plan Year
beginning after December 31, 1986, means the average of the ratios (calculated
separately for each Employee in the group) of

          (a) the Matching Contributions and Qualified Matching Contributions to
the extent not taken into account for purposes of the ADP test allocated to the
Account of each such Employee for the Plan Year to

          (b) the Employee's compensation (as defined in Code section 414(s))
for the Plan Year.

Such Contribution Percentage shall not include forfeitures of Matching
Contributions attributable to Excess Aggregate Contributions and forfeited
pursuant to Plan section 4.08.  Such forfeitures shall be taken into account in
the Plan Year in which they are allocated to the Participant's Account.

Elective Deferral Contributions and Qualified Non-Elective Contributions, to the
extent not taken into account in the Actual Deferral Percentage test under Plan
section 3.04, may be included in a Participant's Contribution Percentage.

1.13.     Deemed Employee means a Participant whose employment relationship has
been transferred from an Employer to a Related Entity that is not an Employer
and who has been designated as being deemed to continue his employer-employee
relationship for purposes of this Plan.  The Named Fiduciary's Designee shall

                                      I-4
<PAGE>

identify Deemed Employees and deliver to the Plan Administrator a designation to
that effect.  Unless otherwise provided, that designation is effective (for each
individual named) as of the date on which the individual would not have been an
Employee absent that designation.  Such designation remains in effect until the
earlier of

          (a) the effective date of a notice to the contrary delivered by the
Named Fiduciary's Designee to the Plan Administrator, or

          (b) the date on which that Participant would not be described in this
Plan's definition of Employee for any reason other than the fact that the
Related Entity that is his employer is not an Employer under the Plan.

1.14.     Disability means a condition rendering a Participant unable to engage
in any substantial gainful activity for which he is reasonably suited by
education or experience by reason of any medically determinable physical or
mental impairment that can be expected to result in death or to be of long
continued and indefinite duration.  A Participant's status as Disabled shall be
determined by the Plan Administrator in its sole discretion, after consideration
of such evidence as it may require.  A determination that an individual is
disabled for purposes of Social Security disability benefits is not
determinative in questions of whether that individual suffers from a Disability
for purposes of this Plan.

1.15.     Effective Date means January 1, 1985.  The Effective Date of the
amended and restated Plan is January 1, 1994.

1.16.     Elective Deferral Account means that portion of a Participant's
Account to which his Elective Deferral Contributions are allocated.

1.17.     Elective Deferral Contribution means contributions made to the Plan
during the Plan Year by an Employer, at the election of the Participant in lieu
of cash Compensation and pursuant to a salary reduction election or other
deferral mechanism.  Elective Deferral Contributions also include contributions
made to the Plan, at the election of the Participant, in lieu of an irregular
cash bonus and pursuant to a bonus reduction election.  Elective Deferral
Contributions shall not include any deferrals properly distributed as Excess
Annual Additions.

                                      I-5
<PAGE>

1.18.     Employee means an individual who renders personal services to or is
compensated directly by an employer; provided, however, that:

          (a) Except for purposes of performing any tests for determining the
Plan's compliance with the Code's nondiscrimination requirements and determining
those individuals who are either Highly Compensated individuals or Family
Members, Employee also refers to a Deemed Employee employed by an Related Entity
that is not an Employer.

          (b) Employee does not include individuals who are members of a
collective bargaining unit that negotiated separately to obtain other benefits
unless, for purposes of compliance with the Labor Management Relations Act,
inclusion under this Plan is permitted, subject to a collective bargaining
agreement in existence or entered into in the future as a result of good-faith
bargaining between the employee representatives and the Company, wherein the
employee representatives elect coverage under the Plan and the Company consents.

          (c) Employee does not include leased employees.  The term "leased
employee" means any person (other than an employee of the Employer) who pursuant
to an agreement between the Employer and any other entity ("leasing
organization") has performed services for the Employer (or for the Employer and
another member of the Controlled Group or 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 of a type historically
performed by employees in the business field of the Employer.  Effective for
Plan Years beginning on and after January 1, 1997, the phrase "of a type
historically performed by Employees in the business field of the Employer" at
the end of the preceding sentence is replaced by the phrase "under the primary
direction or control of the Employer."  Contributions or benefits provided a
leased employee by the leasing organization which are attributable to services
performed for the Employer shall be treated as provided by the Employer.

          (d) Employee does not include an individual designated by the Employer
as a student intern, project employee, or independent contractor (regardless of
whether such classification is determined to be correct as a matter of law).

1.19.     Employer means A. T. Massey Coal Company, Inc. and any Affiliate,
individually or collectively, as applicable, that adopts the Plan; any successor

                                      I-6
<PAGE>

by merger, purchase, or otherwise that maintains this Plan in accordance with
any requirements set forth therein; or any predecessor that has maintained the
Plan or a predecessor plan that covered substantially the same employees and
provided the same benefits or was merged or consolidated with this Plan.  All
current Employers are listed in Exhibit I.

          For purposes of Plan article III and determining employer contribution
obligations under the Plan, Employer also refers to the Related Entity that
actually employs a Deemed Employee for the period during which that Deemed
Employee both is employed by that Related Entity and is a Deemed Employee, even
though that Related Entity has not adopted the Plan for its employees.  The
Related Entity is responsible, therefore, for making any contributions to the
Plan on behalf of that Deemed Employee for the period described in the previous
sentence.

1.20.     Entry Date, effective January 1, 1994, means the first day of each
calendar quarter.  Prior to January 1, 1994, Entry Date meant the first day of
the Plan Year and the first day of the seventh month of the Plan Year.

1.21.     ERISA means the Employee Retirement Income Security Act of 1974, as
amended as of the relevant time.  Any reference to a specific provision of ERISA
shall mean both that provision and any subsequent legislation that modifies,
amends, recodifies, or replaces that provision.

1.22.     Excess Aggregate Contribution for any Plan Year beginning after
December 31, 1986, means the excess of the aggregate amount of the Matching
Contributions (and any Elective Deferral Contributions and Qualified Non-
Elective Contributions taken into account in computing the Contribution
Percentage) actually made on behalf of Highly Compensated Employees for that
Plan Year over the maximum amount of such contributions permitted under the
limitations described in Plan section 3.05 (determined by reducing Matching
Contributions made on behalf of Highly Compensated Employees beginning with the
highest of such Matching Contributions).  Such determination shall be made after
first determining Excess Elective Deferrals and then determining Excess
Contributions.

1.23.     Excess Contribution means, with respect to a Plan Year, the excess of
the aggregate amount of Elective Deferral Contributions and Qualified Non-
Elective Contributions actually paid to the Trust on behalf of the Highly
Compensated Employees for such Plan Year, over the maximum amount of such

                                      I-7
<PAGE>

contributions permitted under the limitations described in Plan section 3.04
(determined by reducing Elective Deferral Contributions made on behalf of Highly
Compensated Employees beginning with the highest of such Elective Deferral
Contributions).

1.24.     Excess Deferral means an elective deferral for a taxable year
beginning after December 31, 1986, to the extent such elective deferral exceeds
$7,000 (or such dollar amount as the Secretary of the Treasury announces at the
same time and in the same manner as the cost-of-living adjustments applicable
under Code section 415(d)) in any taxable year.  With respect to any taxable
year, a Participant's "elective deferrals" are the sum of all contributions made
by an employer on behalf of such Participant pursuant to:

          (a) any election to defer under any qualified cash or deferred
arrangement as described in Code section 401(k);

          (b) any simplified employee pension cash or deferred arrangement as
described in Code section 402(h)(1)(B) or, effective January 1, 1997, a savings
incentive match plan for employees of small employers as described in Code
section 408(p)(2);

          (c) any eligible deferred compensation under Code section 457;

          (d) any plan described under Code section 501(c)(18); and

          (e) any contribution made by an employer on behalf of a Participant
for the purchase of an annuity contract under Code section 403(b) pursuant to a
salary reduction election.

1.25.     Family Member, for Plan Years beginning after December 31, 1986, and
before January 1, 1997, means a member of the family of a five-percent owner or
a Highly Compensated Employee in the group consisting of the 10 Highly
Compensated Employees paid the greatest Earnings from an Affiliate during the
Plan Year or the preceding Plan Year.  For purposes of this Plan section, the
term "family" means, with respect to any Employee or former Employee, such
Employee's spouse and lineal ascendants or descendants and the spouse of such
lineal ascendants or descendants.  Except as otherwise specified in regulations,
a Family Member is not considered to be an Employee separate from the Employee
whose status under this Plan causes the individual to be a Family Member.  For
purposes of this definition, Earnings is defined in Appendix A section 1.07.

                                      I-8
<PAGE>

1.26.     Fiduciary means a person or entity as defined in ERISA section 3(21).

1.27.     Highly Compensated Employee or HCE, for Plan Years beginning after
December 31, 1986, and before January 1, 1997, refers to those employees who are
determined to be Highly Compensated under the method set forth in subsection (a)
or (b) below.  The Named Fiduciary's Designee has the discretion to elect the
method for making such determination in any Plan Year and may change the method
for any Plan Year.

          (a) an employee who, during the current or immediately preceding Plan
Year,

              (1) was at any time a five-percent owner;

              (2) received Earnings from an Affiliate in excess of $75,000 (or
           such higher dollar limit as the Secretary of the Treasury announces
           at the same time and in the same manner as the cost-of-living
           adjustments applicable to the limitations under Code section 415(d))
           during that Plan Year;

              (3) received Earnings from an Affiliate in excess of $50,000 (or
           such higher dollar limit as the Secretary of the Treasury announces
           at the same time and in the same manner as the cost-of-living
           adjustments applicable to the limitations under Code section 415(d))
           during that Plan Year and was in the top 20 percent of the Employees
           in Earnings during that Plan Year; or

              (4) was at any time an officer of an Affiliate and received
           during that Plan Year Earnings that exceeded 50 percent of the dollar
           amount in effect under Code section 415(b)(1)(A).

For purposes of this Plan section, at least one officer of an Affiliate must be
treated as a Highly Compensated Employee, regardless of Earnings.  If at least
three officers meet the Earnings figure, no more than 10 percent of the
Employees may be treated as such an officer.  In no event may the Plan treat
more than 50 Employees as such officers.  For purposes of this Plan section,

                                      I-9
<PAGE>

Earnings will be determined without regard to Code sections 125, 402(a)(8),
402(h)(1)(B), and in the case of employer contributions made pursuant to a
salary reduction election, without regard to Code section 403(b).  The
determinations made under this Plan section must be made in conformity with the
rules in Code section 414(q) and the related Treasury regulations.  According to
Code section 414(q)(6)(A)(ii) and for purposes of applying the limitations under
this Plan, any Earnings paid to a Family Member (and any applicable contribution
or benefits on behalf of such individual) must be treated as if it were paid to
(or on behalf of) the relevant Highly Compensated Employee for that Plan Year.
If an Employee is not described in (2), (3) or (4) for the preceding year, he
shall not be treated as described in (2), (3) or (4) for the current year unless
he is a member of the group consisting of the 100 Employees of the Company and
its Affiliates paid the greatest Earnings during the current year.

          (b) An employee who, during the current Plan Year only, met any of the
criteria of paragraphs (1) through (4) of subsection (a) above.  Determination
of Highly Compensated Employees under this subsection may be made, at the
discretion of the Named Fiduciary's Designee, on the basis of:

              (1)  All "Employees" of the Company and its Affiliates for the
           Plan Year being tested; or

              (2)  All Employees of the Company and its Affiliates as of a
           "Snapshot Day."  For purposes of identifying Highly Compensated
           Employees for the ADP or Contribution Percentage Tests, the
           Administrator must, in addition to those employees who are HCEs on
           the Snapshot Day, treat as a Highly Compensated Employee any Employee
           for the Plan Year who:

                   (A) Terminated employment prior to the Snapshot Day and was
                a Highly Compensated Employee in the prior year;

                   (B) Terminated employment prior to the Snapshot Day and (i)
                was a five-percent owner; (ii) has Earnings for the Plan Year
                greater than or equal to the projected Earnings of any Employee
                who is treated as a Highly Compensated Employee on the snapshot
                day (except for Employees who are HCEs solely because they are
                officers or five-percent owners) or (iii) was an officer and had
                Earnings greater than or equal to the projected Earnings of any
                other officer who is treated as an HCE solely because he is an
                officer; or

                                      I-10
<PAGE>

                   (C) Becomes employed subsequent to the snapshot day and (i)
                is a five-percent owner, (ii) has Earnings for the Plan Year
                greater than or equal to the projected Earnings of an Employee
                who is treated as an HCE on the snapshot day (except for
                Employees who are HCEs solely because they are officers or five-
                percent owners) or (iii) is an officer and has Earnings greater
                than or equal to the projected Earnings of any other officer who
                is treated as an HCE solely because he is an officer.

              (3) The following definitions apply solely for purposes of this
           subsection (b):

                   (A) "Snapshot Day" refers to a single day during the Plan
                Year that is reasonably representative of the work force of the
                Company and its Affiliates.  The Snapshot Day must be consistent
                from Plan Year to Plan Year.

                   (B) "Employee" refers to an individual who renders personal
                services to or through the Company or its Affiliates and who is
                subject to the control of the Company or its Affiliates.

          (c) Notwithstanding the foregoing, effective for Plan Years beginning
on and after December 31, 1996, Highly Compensated Employee means:

              (1) an employee of the Company or any Affiliate who was at any
           time during the Plan Year or the preceding Plan Year a five percent
           owner (as defined in Code section 416(i)(1)); or

              (2) an employee of the Company or any Affiliate who received
           Earnings (as modified by Code section 414(q)(4)(B)) of $80,000 (as
           adjusted from time to time to reflect changes in the cost of living
           in accordance with the Code and applicable regulations) for the
           preceding Plan Year and, at the discretion of the Plan Administrator,
           was during such preceding Plan Year among the top 20 percent of all
           employees of the Company and any Affiliates in such Earnings.

                                      I-11
<PAGE>

          For purposes of this definition, Earnings is defined in Appendix A,
section 1.07.

1.28.     Hour of Service means each hour for which an individual is paid or is
entitled to payment for the performance of duties for an Employer or an
Affiliate during the applicable computation period.

1.29.     Information Date means the date that the Participant receives the
information required by Plan section 6.03.

1.30.     Investment Committee means the Committee provided for in Plan section
9.06.

1.31.     Investment Fund means the investment vehicles listed in Exhibit II
into which a Participant may direct the investment of his Account pursuant to
Plan section 8.02.

1.32.     Investment Manager means a person or entity, other than the Trustee
or a Named Fiduciary, that is appointed by the Investment Committee, that has
the power to acquire and dispose of Plan assets and that is either:

          (a) an investment advisor registered under the Investment Advisors
Act of 1940;

          (b) a bank as defined in the Investment Advisors Act of 1940; or

          (c) an insurance company qualified to manage assets of retirement
plans or perform similar functions under the laws of more than one state;

and that acknowledges in writing that it is a Fiduciary with respect to the
Plan.

1.33.     Matching Account means that portion of a Participant's Account to
which his share of Matching Contributions is allocated.

                                      I-12
<PAGE>

1.34.     Matching Contribution means the discretionary Employer contribution
described in Plan section 3.02 which is made to the Plan on behalf of a
Participant on account of Elective Deferral Contributions made by such
Participant.

1.35.     Military Leave means the performance of duty on a voluntary or
involuntary basis in a Uniformed Service under competent authority and includes
active duty, active duty for training, initial active duty for training,
inactive duty training, full-time National Guard duty, a period for which a
person is absent from a position of employment for the purpose of an examination
to determine the fitness of the person to perform such duty, and any other
absence qualifying as "service in the uniformed services" within the meaning of
USERRA.  Notwithstanding the foregoing, Military Leave does not include service
in a Uniformed Service that terminates as a result of separation of the
Participant from such Uniformed Service under other than honorable conditions,
as set forth in USERRA.

1.36.     Named Fiduciary means A. T. Massey Coal Company, Inc.

1.37.     Named Fiduciary's Designee means the Vice President of A. T. Massey
Coal Company, Inc. who is responsible for the administration of employee
benefits, or such other officer as the Named Fiduciary may designate.

1.38.     Normal Retirement Date means the Participant's 65th birthday.

1.39.     Participant means any Employee who has become and continues to be a
Participant as provided in Plan article II.

1.40.     Plan means the Coal Company Salary Deferral and Profit Sharing Plan,
as amended from time to time.

1.41.     Plan Administrator means the person(s) or entity appointed by the
Named Fiduciary's Designee pursuant to Plan section 9.03.

1.42.     Plan Year means the 12-month period beginning on January 1 and ending
on December 31.

1.43.     Qualified Domestic Relations Order means a judgment, decree, order,
or approval of a property settlement agreement entered on or after January 1,
1985, that

                                      I-13
<PAGE>

          (a) relates to the provision of child support, alimony payments, or
marital property rights to an Alternate Payee;

          (b) is made pursuant to a state domestic relations or community
property law;

          (c) creates or recognizes the right of, or assigns the right to, an
Alternate Payee to receive all or a portion of the benefit payable with respect
to the Participant under this Plan;

          (d) clearly specifies (i) the name and last known mailing address (if
available) of the Participant and the name and mailing address of each Alternate
Payee, unless the Plan Administrator has reason to know the address
independently of the Order; (ii) the amount or percentage of the Participant's
benefits to be paid by the Plan to each Alternate Payee or the manner in which
such amount or percentage is to be determined; (iii) the number of payments or
period to which the Order applies; and (iv) each plan to which the Order
applies;

          (e) does not require the Plan to provide any type or form of benefit,
or any option, not otherwise provided under the Plan;

          (f) does not require the Plan to provide increased benefits (that is,
does not provide for the payment of benefits in excess of the actuarial
equivalent of the benefits to which the Participant would be entitled in the
absence of the Order); and

          (g) does not require the payment of benefits to an Alternate Payee
that are required to be paid to another Alternate Payee under another order
determined previously to be a Qualified Domestic Relations Order.

          A domestic relations order entered before January 1, 1985, is a
Qualified Domestic Relations Order if payment of Plan benefits pursuant to that
order have begun by January 1,  1985, regardless of whether the order satisfies
the requirements of Code section 414(p), and even if payments have not begun by
January 1, 1985, pursuant to such an order, it may still be treated as a
Qualified Domestic Relations Order even though it does not satisfy the
requirements of Code section 414(p).

                                      I-14
<PAGE>

1.44.     Qualified Matching Contribution means the Matching Contribution made
to the Plan by the Employer pursuant to Plan section 3.03 and allocated to a
Participant's Account by reason of Elective Deferral Contributions.

1.45.     Qualified Non-Elective Contribution means any contribution made by
the Employer (other than Matching Contributions or Qualified Matching
Contributions) pursuant to Plan section 3.03 and allocated to a Participant's
Elective Deferral Account.

1.46.     Qualified Plan or Qualified Trust refers to a plan or a trust
maintained as part of a plan in compliance with Code part I, subchapter D,
chapter 1, subtitle A.

1.47.     Related Entity means an Affiliate or a corporation that would be an
Affiliate if the phrase "at least 80 percent" in Code section 1563(a) read "more
than 50 percent" or an unincorporated trade or business that would be an
Affiliate if Code section 414(c) were construed using the standard of "more than
50 percent" instead of "at least 80 percent."  Related Entity includes any
affiliate as defined in ERISA section 407(d)(7).

1.48.     Restricted 401(k) Employee, for purposes of measuring compliance with
Code section 401(k), means an Employee who is otherwise authorized under the
terms of the Plan (without regard to any suspension due to a distribution or
election not to participate by reason of Code section 415) to have Elective
Deferral Contributions allocated to his Account for all or part of the Plan Year
and who is a Highly Compensated Employee.

1.49.     Restricted 401(m) Employee, for purposes of measuring compliance with
Code section 401(m), for Plan Years beginning after December 31, 1986, means an
Employee who is otherwise authorized under the terms of the Plan (without regard
to any suspension due to a distribution or election not to participate or by
reason of the limitations of Code section 415) to have Matching Contributions
(or Elective Deferral Contributions or Qualified Non-Elective Contributions, if
the Plan takes Elective Deferral Contributions or Qualified Non-Elective
Contribution allocations into account in determining Contribution Percentages)
allocated to his Account for all or part of the Plan Year and who is a Highly
Compensated Employee.

1.50.     Spouse or Surviving Spouse means the person to whom a Participant was
legally married on the earlier of his Annuity Starting Date or his death.  To

                                      I-15
<PAGE>

the extent provided in any Qualified Domestic Relations Order, a former spouse
will be treated as the Participant's Spouse or Surviving Spouse for purposes of
the survivor annuity requirements.

1.51.     Transfer Account means that portion of a Participant's Account to
which his Transfer Contributions are allocated.

1.52.     Transfer Contribution means a trustee-to-trustee transfer of assets
or liabilities according to Code section 414(l) which is accomplished pursuant
to Plan section 10.11.

1.53.     Transferred Employee means an Employee who is designated as being
excluded from this Plan's definition of Employee because that individual already
participates in another Qualified Plan maintained by the Company or a Related
Entity and will continue to participate in that Qualified Plan.  The Named
Fiduciary's Designee shall identify Transferred Employees and deliver to the
Plan Administrator a designation to that effect.  Unless otherwise provided,
such designation is effective (for each individual named) as of the date on
which the individual would have become an Employee absent that designation.
Such designation remains in effect until the effective date of a notice to the
contrary is delivered by the Named Fiduciary's Designee to the Plan
Administrator.

1.54.     Trust Agreement means the agreement between the Company and the
Trustee providing for the establishment and management of the Trust Fund.

1.55.     Trust Fund means the assets of the Plan held in trust by the Trustee
pursuant to the terms of the Trust Agreement and the Plan.

1.56.     Trustee means such individuals or entities as may be appointed by the
Board to hold the assets of the Trust Fund pursuant to the terms of the Trust
Agreement.

1.57.     Uniformed Service means the Armed Forces; the Army National Guard and
the Air National Guard when in engaged in active duty for training, inactive
duty training, or full-time National Guard duty; the commissioned corps of the
Public Health Service; and any other category of persons designated by the
President of the United States in time of war or emergency.

                                      I-16
<PAGE>

1.58.     Unrestricted 401(k) Employee, for purposes of measuring compliance
with Code section 401(k), means an Employee who is otherwise authorized under
the terms of the Plan (without regard to any suspension due to distribution or
election not to participate or by reason of the limitations of Code section 415)
to have Elective Deferral Contributions allocated to his Account for all or part
of the Plan Year and who is not a Highly Compensated Employee or for Plan Years
commencing prior to January 1, 1997, a Family Member.

1.59.     Unrestricted 401(m) Employee, for purposes of measuring compliance
with Code section 401(m), for Plan Years beginning after December 31, 1986,
means an Employee who is otherwise authorized under the terms of the Plan
(without regard to any suspension due to a distribution or election not to
participate or by reason of the limitations of Code section 415) to have
Matching Contributions or Qualified Matching Contributions (or Elective Deferral
Contributions or Qualified Non-Elective Contributions, if the Plan takes
Elective Deferral Contributions or Qualified Non-Elective Contributions into
account in determining Contribution Percentages) allocated to his Account for
all or part of the Plan Year and who is not a Highly Compensated Employee or for
Plan Years commencing prior to January 1, 1997, a Family Member.

1.60.     USERRA means the Uniformed Services Employment and Reemployment
Rights Act of 1994.

1.61.     Valuation Date means the last business day of each Plan Year and such
earlier dates as may be designated by the Company.

1.62.     Year of Service, solely for purposes of calculating a Participant's
eligibility to retire before age 65, means an individual's continuous and
interrupted employment with an Employer or an Affiliate commencing with the date
the individual first performs an Hour of Service and continuing until the
individual's termination of employment.  An individual's Years of Service shall
be computed in accordance with the following rules:

          (a) An individual's Continuous Service shall not be interrupted by and
shall include sick leave, disability leave, service in the armed forces of the
United States (provided an individual entered such service directly from the
employ of an Employer or an Affiliate and was reemployed by an Employer or an
Affiliate within the period his employment rights are protected by law),

                                      I-17
<PAGE>

temporary layoff, or leave of absence approved by the Company for up to two
years, and periods of absence from work not otherwise taken into consideration
hereunder before an individual's termination of employment with an Employer and
its Affiliates.

          (b) An individual who is a leased employee (as defined in Code section
414(n)) of an Employer and who subsequently becomes an Employee of an Employer
shall receive credit for all Years of Service he is deemed to have completed for
the Employer.

          (c) All periods of service required to be recognized under the Plan
(whether or not consecutive) will be aggregated on the basis of days, and a
Participant will be entitled to a whole Year of Service for each 365 days of
service.

          (d) In calculating a Participant's Years of Service for purposes of
determining the nonforfeitability of a Participant's account balance, a
Participant shall be deemed to have earned Years of Service equal to the number
of calendar months (or a fraction thereof) that the Participant was absent from
employment with an Employer due to Military Leave.

                                      I-18
<PAGE>

                                   ARTICLE II

                                  PARTICIPATION
                                  -------------

2.01.     Initial Eligibility to Participate

          (a) Each Employee who is a Participant in the Plan on December 31,
1988, continues to be a Participant as long as he continues to be employed by an
Employer or is entitled to benefits from the Plan.

          (b) Each other Employee becomes a Participant on the Entry Date
coincident with or next following the date on which he first completes an Hour
of Service for an Employer as an Employee, and continues to be a Participant as
long as he continues to be employed by an Employer or is entitled to benefits
from the Plan, provided he has properly submitted a completed enrollment form 30
days prior to the Entry Date for which it will be effective.

          (c) An individual who (i) terminates employment with an Affiliate,
(ii) is immediately rehired by an Employer as an Employee and (iii) was making
elective deferral contributions under the qualified plan maintained by the
Affiliate when he terminated employment, becomes a Participant immediately upon
his employment by an Employer.

2.02.     Participation of Reemployed Individuals

          A Participant who terminates employment and is immediately hired by an
Affiliate that is not an Employer is eligible to participate in the Plan
immediately following his subsequent reemployment as an Employee if he is
immediately rehired by an Employer after terminating employment with the
Affiliate.

2.03.     Notification and Application to Participate

          An application to participate is not required.  However, each
Participant, Beneficiary or Alternate Payee agrees, as a condition of
participation, to furnish any information or proof as may be requested from time

                                      II-1
<PAGE>

to time to the Plan Administrator to enable it to administer the Plan.  Benefits
will not be distributed to any Participant, Beneficiary or Alternate Payee until
such requested information has been furnished.

2.04.     Change in Status

          (a) If a Participant has a change in employment status such that he is
no longer an eligible Employee, that individual will again become a Participant
for purposes of making contributions under Plan section 3.01 as of the Entry
Date immediately following his return to an eligible class of Employees.

          (b) If an individual is a Deemed Employee, his status as an Employee
and Participant terminates on the effective date of any announcement by the
Company that the individual no longer is a Deemed Employee, so long as he is not
an Employee employed by an Employer on that date.

          (c) If an Employee is a Transferred Employee, he becomes an Employee
eligible for Plan participation on the date determined and announced by the
Company.

2.05.     Cessation of Participation

          Participation in the Plan ceases when a Participant is no longer an
Employee and his entire interest in the Plan has been distributed.

2.06.     Reemployment Following Military Leave

          A Participant who is reemployed after an absence from employment due
to Military Leave and whose reemployment satisfies the conditions required under
USERRA shall be treated as not having incurred a Break in Service as a result of
a period or periods of Military Leave.

                                      II-2
<PAGE>

                                   ARTICLE III

                                  CONTRIBUTIONS
                                  -------------

3.01.     Elective Deferral Contributions

          (a) The Employer's Elective Deferral Contribution for a Plan Year is
the total of the Plan Year's salary-reduction elections and bonus-reduction
elections allowed according to this Plan section for Participants.  The Employer
must contribute each Plan Year's Elective Deferral Contribution to the Plan as
soon as practicable after the payroll period to which it relates but effective
February 3, 1997, in no event later than the 15th business day of the month
following the month in which the Participant would have received the
Compensation in cash.  The Employer's Elective Deferral Contribution on behalf
of any Participant may not result in elective deferrals of more than $7,000 (or
such dollar amount as the Secretary of the Treasury announces at the same time
and in the same manner as the cost-of-living adjustments applicable under Code
section 415(d)) in any calendar year.  A Participant may cause an Elective
Deferral Contribution for himself only with regard to Compensation that is
deferred according to a salary-reduction election or a bonus-reduction election
according to this Plan section.

          (b) For Plan Years beginning before January 1, 1994, a Participant may
make a salary-reduction election to defer between one percent and six percent of
his Compensation in increments of one percent.  Effective January 1, 1994, a
Participant may make a salary-reduction election to defer between one percent
and ten percent of his Compensation in increments of one percent.

          (c) A Participant who receives payment of an irregular bonus may make
a bonus-reduction election to defer all or part of such irregular bonus,
provided that the Participant's total Elective Deferral Contributions for the
Plan Year do not exceed 10% of his Compensation.

3.02.     Matching Contributions

          (a) The Employer may make a discretionary Matching Contribution each
Plan Year in an amount equal to a percentage (announced annually by the Board)
of each Participant's Compensation contributed to the Plan as an Elective

                                     III-1
<PAGE>

Deferral Contribution for that Plan Year, provided, however, that effective for
Plan Years beginning on or after January 1, 1995, the portion of a Participant's
Elective Deferral Contribution for the Plan Year that is distributed to him
pursuant to Plan section 4.06 or 4.07 or 6.02 shall not be eligible for a
Matching Contribution under this Plan section.  Solely for the purposes of
determining who is eligible to receive a Matching Contribution, Participant
includes those individuals who made Elective Deferral Contributions to the Plan
for a portion of the Plan Year and who, as of the last day of the Plan Year, are
employed by an Affiliate which has not adopted the Plan, provided that such
individual's employment with an Employer and such Affiliate has been
uninterrupted for such Plan Year.

          Each Plan Year, the Employer will determine the amount of the
discretionary Matching Contribution for specified groups of Employees.  The
amount of the discretionary Matching Contribution will be allocated as a
percentage of a Participant's Elective Deferral Contributions.  Such percentage
may vary by Employee group.  Effective January 1, 1995, the percentage to be
applied to Elective Deferral Contributions made while a Participant is an hourly
employee at the Upper Big Branch Mine of Performance Coal Company shall be the
Tons Per Man Hour ("TPMH") Percentage.  The "TPMH Percentage" for a Plan Year is
determined to be 10% times the number of tons of coal per man hour produced for
the year, as determined by the Employer.  The Matching Contribution shall be
allocated to accounts of Participants in accordance with Plan section 4.02(b).

          (b) Matching Contributions shall be fully vested and nonforfeitable
when made.

3.03.     Qualified Non-Elective and Qualified Matching Contributions

          (a) In lieu of distributing Excess Contributions, as provided in Plan
section 4.07, the Employer may make Qualified Non-Elective or Qualified Matching
Contributions on behalf of Unrestricted 401(k) Employees that is sufficient to
satisfy the Actual Deferral Percentage test described in Plan section 3.04 or
the Contribution Percentage test in Plan section 3.05.

          (b) Qualified Non-Elective and Qualified Matching Contributions shall
be fully vested and nonforfeitable when made and shall be subject to the
distribution restrictions governing Elective Deferral Contributions as provided
in Plan section 6.08.

                                     III-2
<PAGE>

3.04.     Elective Deferral Contribution Limitations

          (a) Plan sections 3.01 and 3.03 are intended to qualify as a cash or
deferred arrangement according to Code section 401(k), and all Plan and Trust
Agreement provisions must be construed to facilitate that qualification.

          (b) For purposes of measuring compliance with Code section 401(k), it
is necessary to divide the Employees into Restricted 401(k) Employees and
Unrestricted 401(k) Employees.

          (c) The Actual Deferral Percentage for Restricted 401(k) Employees for
each Plan Year and the Actual Deferral Percentage for Unrestricted 401(k)
Employees for the same Plan Year must satisfy one of the following tests:

              (1) The Actual Deferral Percentage for Participants who are
           Restricted 401(k) Employees shall not exceed the Actual Deferral
           Percentage for Participants who are Unrestricted 401(k) Employees
           multiplied by 1.25; or

              (2) The Actual Deferral Percentage for Participants who are
           Restricted 401(k) Employees for the Plan Year shall not exceed the
           Actual Deferral Percentage for Participants who are Unrestricted
           401(k) Employees multiplied by 2.0; provided, however, that the
           Actual Deferral Percentage for Participants who are Restricted 401(k)
           Employees does not exceed the Actual Deferral Percentage for
           Participants who are Unrestricted 401(k) Employees by more than two
           percentage points.  The percentage difference between the Actual
           Deferral Percentage for Participants who are Restricted 401(k)
           Employees and Participants who are Unrestricted 401(k) Employees
           permissible under this paragraph may be reduced as the Secretary of
           the Treasury shall prescribe to prevent the multiple use of this
           alternate limitation with respect to any Restricted 401(k) Employee.

          (d) To meet the limitations of this Plan section and to avoid
discrimination prohibited by Code section 401(a)(4), to prevent the creation of
Excess Contributions for purposes of Code section 401(k), or to preserve the

                                     III-3
<PAGE>

Plan's status as a qualified plan or the Plan's cash or deferred arrangement
according to Code section 401(k), the Plan Administrator may adjust or reject,
in whole or in part, any applications authorizing salary reduction elections
from Restricted 401(k) Employees.  The Plan Administrator may reduce any
Participant's salary reduction election to prevent that Participant from causing
Excess Deferrals to his Elective Deferral Account.

          (e) The Plan Administrator shall maintain records sufficient to
demonstrate satisfaction of the ADP test.  The determination and treatment of
Elective Deferral Contributions and the Actual Deferral Percentage amounts of
any Participant shall satisfy such other requirements as may be prescribed by
the Secretary of the Treasury from time to time.

          (f) For Plan Years beginning after December 31, 1986, and before
January 1, 1997, for purposes of determining the Actual Deferral Percentage of a
Participant who is a Five Percent Owner or one of the 10 most highly paid Highly
Compensated Employees of an Affiliate, the Elective Deferral Contributions,
Qualified Non-Elective Contributions, Qualified Matching Contributions and
Compensation of such Participant shall include the Elective Deferral
Contributions, Qualified Non-Elective Contributions, Qualified Matching
Contributions and Compensation of Family Members.  Family Members, with respect
to Highly Compensated Employees, shall be disregarded as separate Employees in
determining the Actual Deferral Percentage for Restricted 401(k) Employees.

          (g) For purposes of satisfying the ADP test, Elective Deferral
Contributions, Qualified Non-Elective Contributions and Qualified Matching
Contributions must be contributed and allocated to the Trust Fund no later than
the last day of the 12-month period immediately following the Plan Year for
which such contributions are deemed made.

                                     III-4
<PAGE>

          (h) The Actual Deferral Percentage for any Participant who is a
Restricted 401(k) Employee for the Plan Year and who participates in two or more
arrangements described in Code section 401(k) that are maintained by an
Affiliate, shall be determined as if all Elective Deferral Contributions,
Qualified Non-Elective Contributions and Qualified Matching Contributions
allocated to his Account are made under a single arrangement.  If a Highly
Compensated Employee participates in two or more arrangements described in Code
section 401(k) that are maintained by an Affiliate and that have different Plan
Years, all such arrangements ending with or within the same calendar year shall
be treated as a single arrangement.  Notwithstanding the foregoing, certain
plans shall be treated as separate if mandatorily disaggregated under
regulations under Code section 401(k).

          (i) In the event that 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 ADP of Participants as if all such plans were a single plan.
For Plan Years beginning after December 31, 1989, plans may be aggregated in
order to satisfy Code section 401(k) only if they have the same Plan Year.

3.05.     Matching Contribution Limitations

          (a) The Contribution Percentage for Restricted 401(m) Employees for
each Plan Year and the Contribution Percentage for Unrestricted 401(m) Employees
for the same Plan Year must satisfy one of the following tests:

              (1) The Contribution Percentage for Participants who are
           Restricted 401(m) Employees for the Plan Year shall not exceed the
           Contribution Percentage for Participants who are Unrestricted 401(m)
           Employees for the Plan Year multiplied by 1.25; or

              (2) The Contribution Percentage for Participants who are
           Restricted 401(m) Employees for the Plan Year shall not exceed the
           Contribution Percentage for Participants who are Unrestricted 401(m)
           Employees for the Plan Year multiplied by two, provided, however,
           that the Contribution Percentage for Participants who are Restricted
           401(m) Employees does not exceed the Contribution Percentage for
           Participants who are Unrestricted 401(m) Employees by more than two
           percentage points.  The percentage difference between the
           Participants who are Restricted 401(m) Employees and the Participants

                                     III-5
<PAGE>

           who are Unrestricted 401(m) Employees permissible under this
           paragraph may be reduced as the Secretary shall prescribe to prevent
           the multiple use of this alternative limitation with respect to any
           Restricted 401(m) Employee.

          (b) The Plan Administrator shall maintain records sufficient to
demonstrate satisfaction of the Contribution Percentage test.  The determination
and treatment of the Contribution Percentage amounts of any Participant shall
satisfy such other requirements as may be prescribed by the Secretary of the
Treasury from time to time.

          (c) For Plan Years beginning after December 31, 1986, and before
January 1, 1997, for purposes of determining the Contribution Percentage of a
Participant who is a Restricted 401(m) Employee, the Compensation of such
Participant shall include Compensation of Family Members.  Family Members, with
respect to Restricted 401(m) Employees shall be disregarded as separate
Employees in determining the Contribution Percentage both for Participants who
are Unrestricted 401(m) and for Participants who are Restricted 401(m)
Employees.

          (d) For purposes of this Plan section, the Contribution Percentage for
any Participant who is a Restricted 401(m) Employee and who is eligible to make
or to have Matching Contributions 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 an Affiliate, shall be determined as if
the total of such Matching Contributions 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.
Notwithstanding the foregoing, certain plans shall be treated as separate if
mandatorily disaggregated under regulations under Code section 401(m).

          (e) In the event that the Plan satisfies 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 Code section 410(b) only
if aggregated with the Plan, then this Plan section shall be applied by

                                     III-6
<PAGE>

determining the Contribution Percentages of Participants as if all such plans
were a single plan.  For Plan Years beginning after December 31, 1989, the Plans
may be aggregated in order to satisfy Code section 401(m) only if they have the
same Plan Year.

3.06.     General Provisions on Elective Deferral Contributions

          (a) The Plan Administrator may authorize contributions to be made on a
salary reduction basis and may also authorize Participants to cause other
additions to be made to their Accounts each Plan Year under this Plan section so
long as such elections can be made without exceeding the limitations described
in Plan section 3.04, can be made in a manner that is consistently applied to
all Participants, afford the same opportunities to all similarly situated
Participants, and are implemented in a manner which does not discriminate in
favor of Restricted 401(k) Employees.

          (b) An Employee may elect to begin or change such elections as of any
Entry Date after becoming a Participant in accordance with procedures announced
by the Plan Administrator.  The salary reduction election for an Employee who
becomes a Participant pursuant to Plan section 2.01(c) will continue in effect
at the same rate as under the qualified plan maintained by that Affiliate.  The
Participant may change such election as of any subsequent Entry Date.  The Plan
Administrator may also establish rules limiting the number of elections that a
Participant may submit each Plan Year and rules regarding changes in elections
or cancellations of elections.  An election remains in effect until it is
changed or canceled.

          (c) In order to assure compliance with Plan section 3.04, the Plan
Administrator may establish such closing dates and formulate such other rules
and procedures as may be necessary to administer the provisions of this Plan
section so long as such rules are established and administered on a uniform and
nondiscriminatory basis.

3.07.     General Provisions on Employer Contributions

          (a) The Company intends that the Plan and the Trust always qualify
under Code sections 401(a) and 501(a).

          (b) If the Internal Revenue Service determines that the Plan as
reflected in this document and the Trust Agreement as created or modified to
operate with the Plan as reflected in this document do not initially qualify

                                     III-7
<PAGE>

under Code sections 401(a) and 501(a), or that the Plan and Trust Agreement will
initially qualify only with amendments, caveats, or conditions not acceptable to
the Company, then the Company, at its option, may either amend this Plan or the
Trust Agreement or revoke and annul any amendment in any manner deemed advisable
to effect a favorable determination or to effect qualification, or may withdraw
and terminate the Plan or Trust Agreement and may also liquidate the Trust Fund.

          (c) All Employer contributions to the Trust Fund are conditioned on
their deductibility under Code section 404(a).  If any deduction for any
contribution is not allowed in whole or in part under Code section 404(a), then
that disallowed portion must be returned to the contributor, but repayment must
be made no later than one year after the disallowance.  For purposes of this
section, the disallowance may result from the opinion of any court whose
decision has become final or by any disallowance asserted by the Internal
Revenue Service to which the Company agrees.

          (d) If any contribution is made by an Employer because of a mistake of
fact, then the portion of the contribution due to the mistake of fact must be
returned to the contributor.  The repayment must be made no later than one year
after the contribution.

          (e) Except for a balance in a suspense account attributable to
Employer contributions remaining at the termination of the Trust due to
statutory limits on contributions and benefits, and as otherwise provided in
this Plan section, Employer contributions to the Trust Fund are irrevocable.
Contributions to and income of the Trust Fund must not be used for or diverted
to purposes other than for the exclusive benefit of Participants or their
Beneficiaries.

          (f) The Trustee is not required to collect Employer contributions and
is responsible only for assets received as Trustee.  Each Employer may cause
each Plan Year's Employer contribution, if any, to be paid to the Trust Fund in
installments and on the dates it elects, but it must designate the Plan Year for
which each contribution is attributable.

          (g) Unless allocated as of an earlier date, any contributions made by
an Employer after the first day of the Plan Year may be held by the Trustee and
invested as a separate account, commingled with the Trust Fund, and allocated to
the Participant's Account as of the last day of the Plan Year.  The Trustee
shall maintain such records as may be necessary to see that Employer
contributions, and any investment gains and losses attributable to
contributions, are allocated to the proper Participants' Accounts in the same
manner as Employer contributions.

                                     III-8
<PAGE>

3.08.     USERRA Contributions

          (a) Restoration Contributions.  A Participant who is reemployed by an
Employer after a period of Military Leave and whose reemployment satisfies the
provisions of USERRA shall be entitled to a Matching Contribution by his or her
Employer equal to the amount the Employer would have contributed on behalf of
the Participant had the Participant not incurred Military Leave and had the
Participant's Before-Tax Restoration Contributions actually been made during the
period of Military Leave to which such Matching Contributions relate.  Earnings
and forfeitures shall not be considered in determining the Employer's obligation
under this Plan section.

          (b) Before-Tax Restoration Contributions.  Before-Tax Restoration
Contributions are contributions made to the Plan by the Employer, at the
election of the Participant in lieu of cash Compensation and pursuant to a
salary reduction election or other mechanism.  A Participant's Before-Tax
Restoration Contributions shall not exceed the amount of Compensation that the
Participant could have deferred under the Plan during his or her Military Leave
had the Participant remained employed by the Employer during the Military Leave.
For purposes of determining the maximum amount of Before-Tax Restoration
Contributions, a Participant shall be treated as having received Compensation
equal to either (i) the Compensation the Participant would have received during
the period of Military Leave had the Participant not incurred Military Leave,
determined based on the rate of pay the Participant would have received from the
Employer but for the absence during Military Leave, or (ii) if the Compensation
the Participant would have received during the period of Military Leave is not
reasonably certain, the Participant's average Compensation during the 12-month
period immediately preceding the Military Leave (or, if shorter, the period of
employment immediately preceding the Military Leave).

          (c) Account Restoration.  Notwithstanding any provision of the Plan to
the contrary and in addition to any other contributions to the Plan, a
Participant may cause Restoration Contributions to be made on his or her behalf
only during the Account Restoration Period.

                                     III-9
<PAGE>

          (d) Account Restoration Period.  The duration of a Participant's
Account Restoration Period shall equal the lesser of (i) the product of three
and the duration of the Military Leave, and (ii) five years.  The Account
Restoration Period commences on the date the Participant becomes reemployed by
an Employer following Military Leave.

                                     III-10
<PAGE>

                                   ARTICLE IV

                                   ALLOCATIONS
                                   -----------

4.01.     Participants' Accounts

          The Plan Administrator shall cause to be established and maintained
one or more separate Accounts in the name of each Participant to which shall be
credited or charged the Participant's share of Employer contributions, and the
Participant's contributions, as well as a proportionate share of the net
earnings, gains, or losses of the Trust Fund allocable to the investment of the
applicable Accounts, and any withdrawals or distributions allocable to such
Accounts.  By way of example and not of limitation, separate Accounts may be
maintained as an Elective Deferral Account and Matching Account.

4.02.     Allocation of Employer Contributions

          (a) Elective Deferral Contributions shall be allocated to a
Participant's Elective Deferral Account as soon as practicable following the
date such Elective Deferral Contributions are contributed to the Trust Fund.

          (b) Matching Contributions shall be allocated as of the last Valuation
Date of the Plan Year to the Matching Accounts of all Participants who made
Elective Deferral Contributions, subject to the requirements set forth in Plan
section 3.02(a), and who are Employees on the last day of the Plan Year or who
died, retired or became Disabled during the Plan Year.

          (c) Qualified Non-Elective Contributions shall be allocated as of the
last Valuation Date of the Plan Year among the Elective Deferral Accounts of all
or any Unrestricted 401(k) Employees.  The Qualified Non-Elective Contribution
will be treated as an Unrestricted 401(k) Employee's Elective Deferral
Contribution and shall be allocated

              (1) on a pro rata basis according to Participants' Compensation
           for the Plan Year; or

                                      IV-1
<PAGE>

              (2) as a flat-dollar amount to the Accounts of those Unrestricted
           401(k) Employees who are designated by the Named Fiduciary's Designee
           to receive such contributions. Such designation shall be made by the
           Named Fiduciary's Designee on a nondiscriminatory basis.

          (d) Qualified Matching Contributions shall be allocated as of the last
Valuation Date of the Plan Year among the Elective Deferral Accounts of
Unrestricted 401(k) Employees.  The Qualified Matching Contribution will be
treated as an Unrestricted 401(k) Employee's Elective Deferral Contribution and
shall be allocated among the Restricted Employees on a pro rata basis according
to their Elective Deferral Contributions for the Plan Year.

          (e) Despite the preceding subsections, a Participant's Account may not
receive allocations for any Limitation Year in excess of the maximum limits or
less than the minimum allowances under Appendix A.

4.03.     Special Allocation Rules

          Notwithstanding the foregoing, for Plan Years beginning on or after
January 1, 1989, if the number of Employees receiving an allocation of Employer
contributions under Plan section 4.02(b) is less than the number of Employees
required to receive a benefit for purposes of satisfying the minimum coverage
requirements using the ratio percentage tests set forth in Code section
410(b)(1)(A) or (B), then, for purposes of determining Employer contributions as
of any Plan Year, the term "Participants" in Article IV shall include all other
individuals:

          (a) who are Participants who made Elective Deferral Contributions
during the Plan Year and whose employment ceased after the second quarter of the
Plan Year; and

          (b) who are Participants who made Elective Deferral Contributions
during the Plan Year and whose employment ceased during the second quarter of
the Plan Year, provided, however, that the Plan fails to satisfy the minimum
coverage requirements using the ratio percentage tests set forth in Code section
410(b)(1)(A) or (B) after the inclusion of those Participants described in
subsection (a).

                                      IV-2
<PAGE>

4.04.     Funding Policy

          The Employer shall determine annually the amount of the Employer
contribution to the Plan, if any.  The Plan Administrator shall communicate the
amount of such contribution, as well as the long-range and short-range
requirements of the Plan concerning liquidity and any material changes affecting
the Plan occurring since the last such communication, to the Trustee.  These
communications may be made at such times as may be determined by the Plan
Administrator.

4.05.     Allocation of Trust Income and Gains and Losses

          (a) As of each Valuation Date, before crediting the amounts allocated
to any Participant's Account, the Trustee shall apportion among the separate
Accounts of all Participants in the Plan the net income or loss earned by the
Trust Fund since the last Valuation Date (exclusive of net income or loss
attributable to interim Employer contributions to be allocated with such
contributions), such income or loss to be apportioned on the basis of the Trust
Fund Account balances of the Participants as of the prior Valuation Date.

          (b) As of each Valuation Date, before crediting the amounts allocated
to any Participant's Account or amounts that may be credited under subsection
(a) for that Plan Year, the Trustee shall revalue the net assets of the Trust
Fund at their then current market value (exclusive of net income or loss
attributable to interim Employer contributions to be allocated with such
contributions) and adjust proportionately the Trust Fund Accounts of
Participants so as to reflect any increase or decrease in value of the
investments of the Trust Fund as of that day as compared with the total value of
such investments on the last preceding Valuation Date.

          (c) If any interim contributions have been held in a separate account
as provided in Plan section 3.07(g) (including interim Employer contributions),
any income attributable to such contributions shall be allocated to the
appropriate Account of each Participant to whom such contributions are
allocated.

          (d) Allocations to a Participant's Account pursuant to subsections (a)
and (b) shall be further allocated between his Elective Deferral Account and his
Matching Account, as applicable, based on the relative value of such Accounts as
of the immediately preceding Valuation Date.

                                      IV-3
<PAGE>

          (e) Allocations to Participants in accordance with the provisions of
this section shall not vest any right or title to any part of the assets of the
Trust Fund in such Participants except as otherwise provided in this Plan.

4.06.     Excess Deferrals

          (a) Correction After Taxable Year.  Notwithstanding any other
provision of the Plan, Excess Deferrals and any income or loss allocable thereto
must be distributed no later than April 15 of the calendar year following the
Plan Year in which the Excess Deferrals were made, to the Participants to whose
Account such Excess Deferrals were allocated for the preceding calendar year.  A
Participant who makes elective deferrals (as defined in Code section 402(g)) to
a plan of an employer that is not an Affiliate may assign to this Plan any
Excess Deferrals made during the Participant's taxable year by notifying the
Plan Administrator on or before the date announced by the Plan Administrator of
the amount of the Excess Deferrals to be assigned to the Plan.  A Participant is
deemed to notify the Plan Administrator of any Excess Deferrals that arise by
taking into account only those Elective Deferrals made to this Plan and any
plans of this Employer and its Affiliates.

          (b) Correction During Taxable Year.  Excess Deferrals and any income
or loss allocable thereto may be distributed during the calendar year in which
the Excess Deferrals were made to the Participants to whose Account such Excess
Deferrals were allocated for that calendar year.  A Participant is deemed to
notify the Plan Administrator of any Excess Deferrals that arise by taking into
account only those Elective Deferrals made to this Plan and any plans of this
Employer and its Affiliates.  The correcting distribution cannot occur until
after the Plan has received the Elective Deferral Contributions that caused the
Excess Deferral.

          (c) Income or Loss.  Excess Deferrals shall be adjusted for any income
or loss for the Plan Year.  The income or loss allocable to Excess Deferrals is
the sum of the income or loss allocable to the Participant's Elective Deferral
Account for the Plan Year multiplied by a fraction, the numerator of which is
the Participant's Excess Deferrals and the denominator of which is the
Participant's Elective Deferral Account attributable to Elective Deferral
Contributions without regard to any income or loss occurring during such taxable
year.

                                      IV-4
<PAGE>

          (d) Limitations.  The amount of Excess Deferrals that may be
distributed with respect to a Participant shall be reduced by any Excess
Deferrals previously distributed with respect to such Participant for the Plan
Year beginning with or within such taxable year.  In no event may the amount
distributed pursuant to this Plan section exceed the Participant's total
Elective Deferral Contributions for such taxable year.

4.07.     Excess Contributions

          (a) If there are Excess Contributions for a Plan Year, the Plan
Administrator must elect between the course of action described in subsection
(b) and any additional choices available under the Treasury regulations to Code
section 401(k)(8).

          (b) Notwithstanding any other provision 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 Account such Excess Contributions were allocated for the preceding Plan
Year.  For Plan Years beginning before January 1, 1997, such distribution shall
be made to Highly Compensated Employees on the basis of the respective portions
of the Excess Contributions attributable to each of such Employees.  For Plan
Years beginning on and after January 1, 1997, such distribution shall be made to
Highly Compensated Employees with the highest Elective Deferral Contributions to
the extent necessary to cause such Elective Deferral Contribution to equal the
Elective Deferral Contribution of the Highly Compensated Employee with the next
highest Elective Deferral Contribution.  This process shall be repeated until
the Actual Deferral Percentage test is satisfied.  If these distribution are
made, the Plan is treated as meeting the nondiscrimination test of Code section
401(k)(3) regardless of whether the Actual Deferral Percentage test, if
recalculated after distributions, would satisfy Code section 401(k)(3).  With
respect to Plan Years beginning before January 1, 1997, Excess Contributions of
Participants who are subject to the Family Member aggregation rules shall be
allocated among the Family Members in proportion to the Elective Deferrals (and
amounts treated as Elective Deferrals) of each Family Member that is combined to
determine the combined Actual Deferral Percentage.

          (c) Excess Contributions shall be adjusted for any income or loss for
the Plan Year.  Income or loss for the Plan Year in which the Excess
Contribution occurred will be calculated in the same manner as under Plan
section 4.06(c).

                                      IV-5
<PAGE>

4.08.     Excess Aggregate Contributions

          (a) If there are Excess Aggregate Contributions for a Plan Year, the
Plan Administrator may implement the provisions of this Plan section and take
any other action permissible according to Code section 401(m)(6) and Treasury
regulations to reduce or avoid other adverse consequences associated with Excess
Aggregate Contributions.

          (b) As provided in Code section 401(m)(6)(C), for Plan Years beginning
before January 1, 1997, distributions of Excess Aggregate Contributions must be
made to the Restricted 401(m) Employees on the basis of the respective portions
of the Excess Aggregate Contributions attributable to each of those
Participants.  For Plan Years beginning on and after January 1, 1997, such
distribution shall be made to Highly Compensated Employees with the highest
Matching Contributions to the extent necessary to cause such Matching
Contribution to equal the Matching Contribution of the Highly Compensated
Employee with the next highest Matching Contribution.  This process shall be
repeated until the Contribution Percentage test is satisfied.  If these
distribution are made, the Plan is treated as meeting the nondiscrimination test
of Code section 401(m)(3) regardless of whether the Actual Deferral Percentage
test, if recalculated after distributions, would satisfy Code section 401(m)(3).
With respect to Plan Years beginning before January 1, 1997, Excess Aggregate
Contributions of Participants who are subject to the Family Member aggregation
rules shall be allocated among the Family Members in proportion to the Employee
and Matching Contributions (or amounts treated as Matching Contributions) of
each Family Member that is combined to determine the combined Contribution
Percentage.

          (c) Excess Aggregate Contributions shall be adjusted for any income or
loss for the Plan Year.  Income or loss for the Plan Year in which the Excess
Aggregate Contribution occurred will be calculated in the same manner as under
Plan section 4.06(c).

          (d) Forfeitures of Excess Aggregate Contributions may either serve to
reduce the Employer's Matching Contributions or may be reallocated to the
Accounts of Unrestricted 401(k) Employees.  Forfeitures according to this Plan
section occur in the Plan Year after the allocation that caused those amounts to
be Excess Aggregate Contributions.  Such forfeitures are allocated as if they
were contributions for the Plan Year in which the forfeiture occurs.  Amounts
forfeited under this Plan section shall be treated as Annual Additions under the
Plan.  The Plan Administrator must not allocate forfeitures of Excess Aggregate
Contributions to the individuals who receive distributions or whose Accounts are
reduced under this Plan section.

                                      IV-6
<PAGE>

          (e) Excess Aggregate Contributions, and any income or loss allocable
thereto, shall be distributed no later than the last day of the Plan Year
beginning after December 31, 1986, to Participants to whose Accounts Matching
Contributions were allocated for the preceding Plan Year.

          (f) To the extent that a Participant's share of the Excess Aggregate
Contributions is attributable to his allocations from Elective Deferral
Contributions, the Plan Administrator may cause the distributions authorized in
this Plan section from his Elective Deferral Account.  To the extent that a
Participant's share of the Excess Aggregate Contributions is attributable to
allocations from his Matching Contributions, the Plan Administrator must cause
the distributions authorized in this Plan section from the Participant's
Matching Account.  After adjustment, as described, for Excess Deferrals or
Excess Contributions that are distributed, to the extent that the Plan
Administrator causes distributions to a Participant according to this Plan
section, those distributions must come from the Matching Contribution
allocations to that Participant's Matching Account, and next from that
Participant's Elective Deferral Contribution allocations to his Elective
Deferral Account.

                                      IV-7
<PAGE>

                                    ARTICLE V

                                     VESTING
                                     -------

          With the exception of a Participant's Transfer Account, a
Participant's Account is fully vested and Nonforfeitable at all times.  A
Participant's Transfer Account balance (or subaccount balance) attributable to
Transfer Contributions that, when transferred to the Plan, were not fully
vested, becomes vested in accordance with the vesting schedule set forth in the
transferor plan from which the Transfer Contributions were transferred, taking
into account all service credited for an Employer or any Affiliate, subject to
any exclusions under that transferor plan.

                                      V-1
<PAGE>

                                   ARTICLE VI

                                  DISTRIBUTIONS
                                  -------------

6.01.     Retirement Distributions

          (a) Normal Retirement.  If a Participant retires on his Normal
Retirement Date, the entire amount credited to his Account as of the Valuation
Date coincident with or immediately following his Normal Retirement Date and any
amount that is subsequently allocated to his Account shall be distributed to him
pursuant to this Plan article.

          (b) Early Retirement.  A Participant who has attained age 55 and
completed at least five Years of Service may elect to retire on the first day of
any month within 10 years of his Normal Retirement Date, provided he is eligible
for and has elected to take early retirement under the pension plan of an
Employer in which he is a participant.  Upon a Participant's early retirement,
the entire amount then credited to such Participant's Account, valued as of the
Valuation Date coincident with or immediately following his retirement, and any
amount that is subsequently allocated to his Account shall be distributed to him
pursuant to this Plan article.

          (c) Deferred Retirement.  A Participant may remain in the active
service of an Employer after his Normal Retirement Date.  A Participant who
continues in the service of his Employer after his Normal Retirement Date shall
continue to be a Participant of the Plan until his actual retirement date which
may be the first day of any month following his Normal Retirement Date, which
date shall be known as the Participant's deferred retirement date.  Upon a
Participant's deferred retirement, the entire amount then credited to such
Participant's Account, valued as of the Valuation Date coincident with or
immediately following his actual retirement, shall be distributed to such
Participant pursuant to this Plan article.  Notwithstanding the preceding, in no
event may a Participant's distribution, or the commencement thereof, be deferred
beyond the Participant's Required Beginning Date.

                                      VI-1
<PAGE>

          (d) Disability Retirement.  With the approval of the Plan
Administrator, a Participant may retire on the first day of the month after he
is determined to have a Disability.  A Participant desiring to retire due to
Disability must file a written application with the Plan Administrator
requesting its approval of such retirement.  Upon a Participant's Disability
retirement, the entire amount then credited to such Participant's Accounts and
any amount credited to such Participant's Accounts thereafter pursuant to Plan
article IV shall be distributed to such Participant pursuant to this Plan
article.

6.02.     Termination of Employment Distributions

          Except as provided in Plan section 6.03, in the event a Participant
terminates his employment, for reasons other than death, Disability or
retirement, his Account shall be distributed to him in a single cash sum valued
as of the Valuation Date coincident with or next following his termination of
employment and payable as soon thereafter as is practicable.

6.03.     Consent to Distribution

          (a) If, as of the applicable Valuation Date, the value of the vested
portion of a terminated Participant's Account exceeds $3,500 (or has exceeded
$3,500 at the time of any prior distribution), then on his Information Date, the
Participant shall be given a written notice (by first class mail or personal
delivery), which describes the optional forms of benefit payment under Plan
section 6.04 and the Participant's right to defer receipt of the distribution
until it is no longer immediately distributable.  After his Information Date, a
Participant must consent in writing to receive a distribution pursuant to Plan
section 6.01 or 6.02.

          (b) Except as provided in the following sentences, a Participant's
Annuity Starting Date is a date that is at least 30 days but not more than 90
days after his Information Date.  A Participant may affirmatively elect to waive
the minimum 30-day period, provided that he (i) receives adequate information
describing his right to a 30-day election period and (ii) may revoke such
affirmative election until the later of his Annuity Starting Date or the
expiration of the seven-day period that begins with his Information Date.  A
Participant whose Annuity Starting Date is before his Information Date may not
commence distributions under the Plan until the expiration of the seven-day
period that begins with his Information Date.

                                      VI-2
<PAGE>

          (c) On his Information Date, a Participant shall be given a written
notice (by first class mail or personal delivery), which describes the
following: (i) the terms and conditions of the optional forms of benefit payment
under Plan section 6.04; (ii) the Participant's right to make, and the effect
of, an election to receive benefits under the optional forms of payment and the
rights of the Participant's Spouse (if any) with respect to such an election;
(iii) his right to make, and the effect of, an election not to receive benefits
in the normal form; (iv) the right to make, and the effect of, a revocation of
any election; (v) the general financial effect of selecting an optional form of
payment; and (vi) sufficient additional information explaining the relative
values of the optional forms of benefits under the Plan.

          (d) If, after his Information Date, the terminated Participant does
not consent to receive a distribution pursuant to Plan section 6.01 or 6.02, the
distribution of his Account will be postponed until the date on which the
Account is no longer immediately distributable.  A Participant's Account is
immediately distributable prior to the earlier of (i) the Participant's
attainment of age 65 or (ii) his death.  The terminated Participant's postponed
distribution account will be held as part of the Trust Fund and will participate
in the income, gains, and losses of the Trust on a proportionate basis.

          (e) Elections under Plan section 6.04 shall be made in writing to the
Plan Administrator during the 90-day period ending on the later of the
Participant's Annuity Starting Date or the date he receives the information
described in subsection (a), and shall take effect as of the Participant's
Annuity Starting Date.  After the Annuity Starting Date, no further elections,
changes in elections, or revocations of elections are permitted.

          (f) A terminated Participant's postponed distribution account, valued
as of the Valuation Date coincident with or next following the date such Account
becomes distributable pursuant to subsection (b), shall be distributed to the
Participant in a single cash sum, or to his Beneficiary in accordance with the
provisions of Plan article VII, if the Participant is then deceased.

          (g) Notwithstanding the above, if the value of the vested portion of a
terminated Participant's Account has never exceeded $3,500 at the time of any
prior distribution under the Plan, then the Trustee shall distribute such
Account balance in a lump sum as soon as practicable following the Participant's
termination of employment.

                                      VI-3
<PAGE>

6.04.     Optional Forms of Benefit

          Except as provided in Plan section 6.03, each Participant, or his duly
appointed guardian or other personal representative in the case of a Participant
who is Disabled, may elect to have the benefits to which he is entitled under
Plan section 6.01 paid under one of the options in this Plan section.

          (a) Lump Sum.  A single sum cash payment of such Participant's
Account balance.

          (b) Installment Payments.  Distributions of at least $100 over a fixed
period of 5 to 15 years in monthly, quarterly, semi-annual, or annual
installments not extending beyond the life expectancy of the Participant.

          (c) Combination.  A single sum cash payment of a portion of the
Participant's Account balance with the remainder of the Account balance paid in
distributions of at least $100 over a fixed period of 5 to 15 years in monthly,
quarterly, semi-annual or annual installments not extending beyond the life
expectancy of the Participant.

          (d) Transfer Contribution.  If the Plan accepts Transfer
Contributions, any distribution options or Code-required restrictions that apply
to a benefit that is payable under the transferor plan with respect to those
contributions are preserved for purposes of making any distributions under this
Plan section of the amounts so transferred and any earnings thereon.

6.05.     Commutation of Benefits

          If a Participant's Beneficiary is not a natural person, or if more
than one Beneficiary is entitled to receive installment payments, the value of
the Account with respect to the unpaid installments may be commuted and paid in
a lump sum.

6.06.     Commencement of Benefits

          Unless a Participant otherwise elects, his benefit payments under the
Plan must commence no later than 60 days after the close of the Plan Year in

                                      VI-4
<PAGE>

which occurs the latest of the events listed in paragraphs (1) through (3)
below.  However, if the benefit amount cannot be determined before payment is
required, or if it is not possible to pay when required because the Plan
Administrator has been unable to locate the Participant after making reasonable
efforts to do so, a payment retroactive to the required date may be made no
later than 60 days after the earliest date on which the amount of that payment
can be determined under this Plan or the date on which the Participant is
located (whichever is applicable):

              (1)  his Normal Retirement Date;

              (2) the 10th anniversary of the date he began participation in
           the Plan; or

              (3)  his termination of employment.

Notwithstanding the above, the failure of a Participant to consent to a
distribution while a benefit is immediately distributable pursuant to Plan
section 6.02(b), within the meaning of Plan section 6.02(b) shall be deemed to
be an election to defer commencement of payment of any benefit sufficient to
satisfy this section.

6.07.     Special Distribution Provisions

          (a)  General Rules

              (1) The requirements of this Plan section shall apply to any
           distribution of a Participant's interest and will take precedence
           over any inconsistent provisions of the Plan.

              (2) All distributions required under this Plan article shall be
           determined and made in accordance with Code section 401(a)(9) and
           regulations promulgated thereunder.

              (3) The entire interest of a person must be or must begin to be
           distributed not later than his Required Beginning Date.

                                      VI-5
<PAGE>

          (b) Distribution Periods.  As of the Participant's Required Beginning
Date, distributions, if not made in a single-sum, may only be made over a period
certain not extending beyond the life expectancy of the Participant.

          (c) Required Beginning Date.  For Plan Years beginning before January
1, 1997, Required Beginning Date means the April 1 of the calendar year
following the calendar year in which the Participant attains age 70 1/2.
Effective January 1, 1997, Required Beginning Date means April 1 of the calendar
year following the later of (i) the calendar year in which the Participant
separates from service; or (ii) the calendar year in which the Participant
attains age 70 1/2.  Notwithstanding the preceding, for any Participant who is a
five percent owner (as defined in Code section 416(i)(1)), of any Affiliate,
Required Beginning Date means April 1 of the calendar year following the
calendar year in which such Participant attains age 70 1/2.  Notwithstanding the
foregoing, a Participant (other than a five-percent owner) who attains age 70
1/2 in 1996 or later may elect to defer the commencement of his benefit until
the April 1 following the calendar year in which he terminates employment with
the Employer.

          (d) 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 Date:

              (1) If a Participant's benefit is to be distributed over a
           period not extending beyond the life expectancy of the Participant
           the amount required to be distributed for each calendar year,
           beginning with the distributions for the first distribution calendar
           year, must at least equal the quotient obtained by dividing the
           Participant's benefit by the applicable life expectancy.

                                      VI-6
<PAGE>

              (2) 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 (i) the applicable life expectancy or (ii) if the
           Participant's Spouse is not the designated Beneficiary, the
           applicable divisor determined from the table set forth in Q&A-4 of
           Treasury Regulation section 1.401(a)(9)-2.  Distributions after the
           death of a Participant shall be distributed using the applicable life
           expectancy in paragraph (A) above as the relevant divisor without
           regard to Treasury Regulation section 1.401(a)(9)-2.

              (3) 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 Employee's Required Beginning
           Date occurs, must be made on or before December 31 of that
           distribution calendar year.

6.08.     Limitations on Distributions of Elective Deferral Contributions

          (a) Notwithstanding any other provision of the Plan, Elective Deferral
Contributions may not be distributed before one of the following events occur:

              (1)  the Participant has died;

              (2) the Participant has become disabled (either Disabled, or
           disabled within the meaning of Code section 72(m)(7) or under any
           other definition of disability consistent with Code section
           401(k)(2)(B));

              (3) the Participant has retired or otherwise terminated
           employment with the Employer;

              (4) the Participant has incurred a hardship according to Plan
           section 6.10;

              (5) the Participant has attained age 59 1/2;

                                      VI-7
<PAGE>

              (6) the Plan terminates without the establishment of a successor
           qualified defined contribution plan, other than an employee stock
           ownership plan (as defined in Code section 409 or 4975(e)) or a
           simplified employee pension plan (as defined in Code section 408(k));

              (7) a Participant's Employer disposes of substantially all of
           its assets, within the meaning of Code section 409(d)(2), used in its
           trade or business and that Participant continues employment with the
           business that acquires the assets; or

              (8) a corporation disposes of its interest in the Participant's
           Employer, which is a subsidiary of the selling corporation within the
           meaning of Code section 409(d)(3), and the Participant continues his
           employment with the Employer.

          (b) A distribution cannot be made pursuant to an event described in
paragraph (6), (7) or (8) unless distribution would be a lump sum distribution
under Code section 402(e)(4), without regard to subparagraph (A)(i)-(iv), (B) or
(H) and, with respect to paragraphs (7) and (8), the transferor corporation
continues to maintain the Plan after the disposition.

6.09.     Withdrawals

          (a) Age 59 1/2 Withdrawals.  A Participant who has attained age 59 1/2
may elect to withdraw all or a portion of his Account balance once each Plan
Year.  To be acceptable for processing within a given month, the request for a
withdrawal must be no less than $1,000 and must be received by the Plan
Administrator no later than the twentieth day of the month.  Any distribution
pursuant to this Plan section shall be valued as of the Valuation Date on or
immediately preceding the date of distribution and shall be deducted from the
benefits ultimately due.

          (b) Any distribution made pursuant to this Plan section shall only be
made upon receipt of a written consent signed by the Participant and may not be
repaid.

                                      VI-8
<PAGE>

6.10.     Hardship Distributions

          (a) A Participant may request a withdrawal from his Account if the
Participant has incurred a financial hardship, as described below.

          (b) A Participant shall be considered to have incurred a financial
hardship if he has immediate and heavy financial needs that cannot be fulfilled
through other reasonably available financial sources of the Participant.
Immediate and heavy financial needs shall be limited to:

              (1) medical expenses described in Code section 213(d) previously
           incurred by the Participant, the Participant's Spouse, or any
           dependents of the Participant (as defined in Code section 152) or
           necessary for those persons to obtain medical care described in Code
           section 213(d);

              (2) costs directly related to the purchase (excluding mortgage
           payments) of a principal residence for the Participant;

              (3) payment of tuition and related educational fees for the next
           12 months of post-secondary education for the Participant or his
           Spouse, children or dependents; or

              (4) payments necessary to prevent the eviction of the
           Participant from his personal residence or foreclosure on the
           mortgage of the Participant's principal residence.

          (c) The determination of financial hardship shall be made by the Plan
Administrator in a uniform and nondiscriminatory manner in accordance with such
standards as may be promulgated from time to time by the Internal Revenue
Service.

          (d) A distribution will be deemed necessary to satisfy an immediate
and heavy financial need of the Participant if all of the following requirements
are met:

              (1) the distribution is not in excess of the amount of the
           immediate and heavy financial need of the Participant;

              (2) the Participant has obtained all distributions, other than
           hardship withdrawals, and all non-taxable loans currently available
           under all plans maintained by an Affiliate;

                                      VI-9
<PAGE>

              (3) the Participant's Elective Deferral Contributions to this
           Plan and to any other plan maintained by the Employer will be
           suspended for 12 months after receipt of the withdrawal; and

              (4) the Participant may not make Elective Deferral Contributions
           to this Plan or to any other plan maintained by an Affiliate for the
           calendar year that immediately follows the year of the withdrawal in
           excess of the limit in effect under Code section 402(g), minus the
           amount of the Participant's Elective Deferral Contributions to this
           Plan or any other plan maintained by an Affiliate for the year in
           which the withdrawal is made.

The amount of an immediate and heavy financial need may include any amounts
necessary to pay any federal, state or local income taxes or penalties
reasonably anticipated to result from the distribution.

          (e) A Participant who wishes to make a withdrawal shall apply in
writing to the Plan Administrator, on forms provided by the Plan Administrator.
The Participant must furnish such information in support of his application as
may be requested by the Plan Administrator.  The Plan Administrator shall
determine the amount, if any, of the withdrawal that shall be made and may
direct distribution of as much of the Participant's Elective Deferral Account as
it deems necessary to alleviate or help alleviate the hardship.

          (f) The distribution shall be made as soon as possible after the
hardship withdrawal is approved.  The Plan Administrator may not authorize a
hardship withdrawal in excess of the amount deemed necessary to alleviate the
hardship.

          (g) The distribution will be made first from the Participant's
Matching Account.  Any remaining amounts will be distributed from his Elective
Deferral Account.

          (h) The amount of the withdrawal shall be made upon the Participant's
Elective Deferral Account balance as of the Valuation Date next preceding the
date of the withdrawal or, in the discretion of the Trustee, may be based upon
the Participant's Elective Deferral Account balance as of a valuation date as
close as practicable to the date of the withdrawal.

                                     VI-10
<PAGE>

          (i) A distribution from a Participant's Elective Deferral Account on
account of hardship is limited to the total of the Participant's Elective
Deferral Contributions as of the date of distribution minus any prior
distributions from his Elective Deferral Account, plus earnings credited to his
Elective Deferral Account as of December 31, 1988.

6.11.     Qualified Domestic Relations Order Payments

          (a) This section applies to amounts that are subject to a Qualified
Domestic Relations Order.

          (b) The Plan Administrator must establish reasonable written
procedures for determining the qualified status of a domestic relations order
and for administering distributions under a Qualified Domestic Relations Order.
The Plan Administrator must promptly notify the Participant and each Alternate
Payee of the receipt of a domestic relations order and of the procedures for
determining its qualified status.

          (c) During the 18-month period beginning on the date on which the Plan
Administrator receives a domestic relations order (or a modification of a
domestic relations order) for determination as a Qualified Domestic Relations
Order, the Plan Administrator must separately account for the amounts that would
have been payable to the Alternate Payee during such period if the order had
been determined to be a Qualified Domestic Relations Order.

          (d) No benefits will be distributed to the Participant to whom a
domestic relations order relates after the date on which the Plan Administrator
receives the order (or modification of an order) for determination as a
Qualified Domestic Relations Order and before the earliest of (i) the expiration
of the 18-month period beginning on that date; (ii) the date on which the Plan
Administrator determines that the order (or modification of an order) is a
Qualified Domestic Relations Order; or (iii) the date the parties notify the
Plan Administrator that they no longer intend to pursue a Qualified Domestic
Relations Order with respect to the Participant's Account.

          (e) The Trustee shall make payments pursuant to a Qualified Domestic
Relations Order as soon as practicable after the payment commencement date

                                     VI-11
<PAGE>

specified in the order.  If specified in the Qualified Domestic Relations Order,
distributions may be made to the Alternate Payee prior to the date that a
Participant attains his "earliest retirement age" under the Plan as defined
under Code section 414(p)(4), regardless of whether the Participant has
separated from service on that date.  To the extent that a contrary result is
not specified in the Qualified Domestic Relations Order, payments to the
Alternate Payee shall be made in a lump sum cash payment.

          (f) Upon determination that an order is a Qualified Domestic Relations
Order, amounts subject to the Qualified Domestic Relations Order that are not
immediately distributable may be segregated, as of the Valuation Date specified
the Qualified Domestic Relations Order or if no such Valuation Date is
specified, as of the Valuation Date coincident with or immediately preceding the
date of segregation, into a separate account for the benefit of the Alternate
Payee (the "QDRO Account").  To the extent established in the Qualified Domestic
Relations Order, the QDRO Account will participate in the earnings, gains or
losses of the Trust Fund in the same manner as a Participant's Account.  An
Alternate Payee may make withdrawals from his QDRO Account to the extent
permitted under the terms of the Plan.  Except as otherwise allowed to a
Participant in the Plan, a distribution to the Alternate Payee from his QDRO
Account will be made as soon as possible after the payment date specified in the
order.  The Qualified Domestic Relations Order may not specify payment in a form
of distribution other than that provided for in Plan section 6.04.

          (g) If the value of the Alternate Payee's QDRO payment exceeds $3,500
as of the Valuation Date coincident with or preceding the date that such
payments are distributable, then the Alternate Payee must consent to receive a
distribution.  Notwithstanding the preceding sentence, if the value of the
Alternate Payee's QDRO payment does not exceed $3,500 as of the applicable
Valuation Date, then the Trustee shall distribute such Account balance in a lump
sum as soon as practicable following such Valuation Date.

          (h) Unless otherwise specified, a distribution made pursuant to a
Qualified Domestic Relations Order will be charged proportionally against a
Participant's Accounts, including the earnings thereon.

          (i) If a distribution is made to an Alternate Payee under a Qualified
Domestic Relations Order before any amounts are segregated pursuant to
subsection (f), in no event may the distribution exceed the nonforfeitable

                                     VI-12
<PAGE>

percentage of a Participant's Account balances under the Plan valued as of the
Valuation Date on or immediately preceding the date of distribution, adjusted to
reflect any subsequent gains or losses.  If amounts are to be segregated
pursuant to subsection (f), in no event may the amounts segregated into the QDRO
Account exceed the nonforfeitable percentages of the Participant's Account
balances under the Plan valued as of the Valuation Date on or immediately
preceding the date of segregation, adjusted to reflect any subsequent gains and
losses.

          (j) If the Alternate Payee dies prior to receiving his entire interest
in his QDRO Account, any remaining interest in that account will be distributed
in accordance with the Qualified Domestic Relations Order or in the event that
the Qualified Domestic Relations Order does not specify the manner in which the
Alternate Payee's interest in his QDRO Account will be distributed upon his
death, in accordance with a beneficiary designation form completed by the
Alternate Payee, or if the Alternate Payee makes no valid beneficiary
designation, to his estate.

6.12.     Loans to Participants

          (a) A Participant who has become entitled to a benefit under the Plan
may apply to the Plan Administrator in writing (on a form provided by the Plan
Administrator for that purpose) for a loan from the Trust Fund in accordance
with the rules and procedures set forth in this section.

              (1) Loans shall be made available to all Participants on a
           reasonably equivalent basis.

              (2) Loans shall not be made available to Highly Compensated
           Employees in an amount greater than the amount made available to
           other Participants.

              (3) Loans shall bear a reasonable rate of interest.  The
           interest rate shall be determined by the Plan Administrator based on
           a rate of return commensurate with the prevailing interest rate
           charged on similar commercial loans by persons in the business of
           lending money.

              (4) Loans shall be adequately secured with assets of the
           Participant's Elective Deferral Account.

                                     VI-13
<PAGE>

          (b) Any loan to a Participant, when added to the outstanding balance
of all other loans from the Plan, including for purposes of this subsection all
other qualified defined benefit and defined contribution plans maintained by the
Employer, or by an Affiliate, to such Participant shall not exceed the lesser
of:

              (1) $50,000, reduced by the excess (if any) of the highest
           outstanding balance of loans from the Plan during the one year period
           ending on the day before the loan is made, over the outstanding
           balance of loans from the Plan on the date the loan is made, or

              (2) 50 percent of the Participant's Elective Deferral Account,
           valued as of the Valuation Date coincident with or immediately
           preceding approval of the loan request.

An assignment or pledge of any portion of the Participant's interest in the Plan
will be treated as a loan under this Plan section.

          (c) No loan shall be made to a Participant for an amount less than
$1,000.  A Participant may not have more than two loans outstanding at any time,
and, except in the case of an emergency, as determined in the sole discretion of
the Plan Administrator, only one loan in any twelve-month period beginning with
the date the loan is made may be approved.

          (d) Except as provided in the Plan loan procedures, any loan to a
Participant shall be required to be repaid through payroll deductions.

          (e) Any loan to a Participant, by its terms, shall require that
repayment (principal and interest) be amortized in level payments, made not less
frequently than quarterly, over an period not to exceed five years.
Notwithstanding the preceding sentence, if such loan is to be used to acquire a
dwelling which, within a reasonable time, will be used (to be determined at the
time such loan is made) as the principal residence of such Participant, the loan
may provide for periodic repayment over a reasonable period of time that may not
exceed ten years.

          (f) If a Participant's loan application is approved by the Plan
Administrator, such Participant shall be required to sign a promissory note,

                                     VI-14
<PAGE>

loan agreement, and any other documents required to establish the loan and
assign the applicable portion of his interest in the Plan as security for the
loan.

          (g) A Participant loan shall be in default if any loan payment is not
made before the last day of the calendar quarter following the calendar quarter
in which the loan payment was due.  In the event of default, the Plan
Administrator shall reduce the Participant's vested Account balance by the
remaining principal and interest on his or her loan.   However, the Plan
Administrator shall not be required to commence such action immediately upon
default.  The Plan Administrator may delay the enforcement of the security
interest until a distributable event occurs, provided that such delay will not
cause the loss of principal or interest to the Plan.

          (h) A Participant's loan shall immediately become due and payable if
such Participant terminates employment for any reason.  If such Participant
terminates employment, the Plan Administrator shall immediately request payment
of principal and interest on the loan.  If the Participant refuses payment
following termination, the Plan Administrator shall reduce the Participant's
Elective Deferral Account balance by the remaining principal and interest on his
or her loan.  If a Participant's Elective Deferral Account balance is less than
the amount due, the Plan Administrator shall take whatever steps are necessary
to collect the balance due directly from the Participant.

          (i) To the extent it is consistent with other provisions of the Plan,
all loans made under this Plan section are considered directed investments of
the borrowing Participant's Account.  As such, all repayments of principal and
interest made by the Participant shall be credited only to the Participant's
Elective Deferral Account.

          (j) The Plan Administrator may adopt and announce additional loan
rules not inconsistent with the provisions of this Plan section.

6.13.     Direct Rollovers

          (a) This Plan section applies to distributions under Plan section 6.02
or 6.04 made on or after January 1, 1993 that are Eligible Rollover
Distributions.  Notwithstanding any provision of the Plan to the contrary that
would limit an election under this Plan section, a Participant, his Surviving
Spouse or an Alternate Payee who is the Participant's Spouse or former Spouse,
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 such individual.

                                     VI-15
<PAGE>

          (b)  Definitions

              (1) Eligible Rollover Distribution means any distribution of all
           or any portion of the balance to the credit of a Participant, his
           Surviving Spouse or an Alternate Payee who is the Participant's
           Spouse or former Spouse, 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
           individual and the individual's designated Beneficiary, or for a
           specified period of 10 years or more; (ii) any distribution to the
           extent such distribution is required under Code section 401(a)(9);
           (iii) the portion of any distribution that is not includible in gross
           income; (iv) returns of Elective Deferral Contributions pursuant to
           Treasury Regulation section 1.415-6(b)(6)(iv); (v) returns of Excess
           Contributions, Excess Deferrals and Excess Aggregate Contributions
           pursuant to Treasury Regulation sections 1.401(k)-1(f)(4), 1.402(g)-
           1(e)(3) and 1.401(m)-1(e)(3) and the income allocable to those
           corrective distributions; (vi) loans treated as distributions under
           Code section 72(p) and not excepted by Code section 72(p)(2) and
           loans in default that are deemed distributions; and (vii) similar
           items designated by the Commissioner of the Internal Revenue.

              (2) 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 Plan, that accepts the
           individual'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.

          (c) The Plan Administrator may impose restrictions on the manner of
payment under this Plan section consistent with applicable Treasury regulations.

                                     VI-16
<PAGE>

          (d) The Plan Administrator shall provide to each Participant who is
entitled to make an Eligible Rollover Distribution a notice that satisfies Code
section 402(f) at least 30 but not more than 90 days before the Participant's
Annuity Starting Date.  A Participant may affirmatively elect to waive the
minimum 30-day period, provided that he receives adequate information describing
his right to a 30-day election.

                                     VI-17
<PAGE>

                                  ARTICLE VII

                                 DEATH BENEFITS
                                 --------------

7.01.     General

          Upon death prior to his Annuity Starting Date, the amount credited to
the Account of a Participant shall be distributed to the Participant's
Beneficiary in accordance with the provisions of this Plan article.  The amount
to be distributed shall consist of the amount credited to the Participant's
Account as of the Valuation Date coincident with or immediately following the
date of his death, plus any amount that is subsequently allocated to his Account
pursuant to Plan article IV.

7.02.     Death Distributions

          (a) If a Participant dies after distribution from his Account has
begun, the remaining portion of his Account will continue to be distributed to
his Beneficiary at least as rapidly as under the method of distribution being
used prior to the Participant's death.  The Beneficiary may elect any alternate
form of benefit allowed under subsection (b) below.

          (b) If a Participant dies before distribution from his Account begins,
distribution to the Beneficiary of the Participant's entire Account balance
shall be completed by December 31 of the calendar year containing the first
anniversary of the Participant's death in accordance with (1) or (2) below:

              (1) The Beneficiary may elect a single sum cash payment of the
           Participant's Account balance, valued as of the last day of the month
           containing the Participant's date of death and payable as soon
           thereafter as is practicable; or

              (2) The Beneficiary may elect a single sum cash payment of the
           Participant's Account Balance valued as of the last day of the Plan
           Year containing the Participant's date of death and payable as soon
           thereafter as is practicable, but no earlier than the first day of
           the next Plan Year.

                                     VII-1
<PAGE>

7.03.     Designation of Beneficiary

          (a) A married Participant's Beneficiary is the Participant's Surviving
Spouse unless the Spouse consents to the Participant's designation of a
different Beneficiary.  The Spouse must consent in writing to the specific non-
Spouse beneficiary named in such designation.  The designation must name a
specific Beneficiary, including any class of Beneficiaries or contingent
Beneficiaries, which may not be changed without spousal consent (or the Spouse
expressly permits designations by the Participant without further spousal
consent).  The Spouse's consent must acknowledge the effect of the Participant's
election and must be witnessed by a Plan representative or notary public.  A
consent that permits designations by the Participant without any requirement of
further consent by such Spouse must acknowledge that the Spouse has the right to
limit consent to a specific Beneficiary and that the Spouse voluntarily elects
to relinquish such right.  However, the consent of a Spouse will not be required
if the Participant establishes to the satisfaction of the Plan Administrator
that such written consent cannot be obtained because there is no Spouse or
because the Spouse cannot be located.  Any consent under this subsection is
valid only with respect to the Spouse who signed the consent.  Any evidence that
the consent of a Spouse cannot be obtained is valid only with respect to that
designated Spouse.

          (b) A Participant may designate a Beneficiary or Beneficiaries,
indicating single, multiple, primary, or secondary Beneficiaries.  Each
designation must be in writing, signed by the Participant, delivered to the Plan
Administrator, and if applicable under subsection (a), be consented to by the
Participant's Spouse.  Each designation by a Participant is revocable.  A
Participant's Beneficiary change is not effective until received by the Plan
Administrator.  The Plan Administrator, the Trustee, and an Employer are not
liable for a failure to make a change between the time requested and the
Participant's death unless the failure is willful or due to substantial
negligence; and one party is not liable for the failure of another party.

          (c) If there is no valid Beneficiary designation by the Participant
(together with a valid spousal consent described in subsection (a), if
applicable) or if the designated Beneficiary or Beneficiaries fail to survive
the Participant or are no longer in existence at his death, Beneficiary means
the Participant's Surviving Spouse; and if there is no Surviving Spouse, the
Participant's descendants, per stirpes; and if there is no Surviving Spouse or
any such descendant, Beneficiary means the Participant's estate.

                                     VII-2
<PAGE>

          (d) Despite the preceding subsections, to the extent provided in a
Qualified Domestic Relations Order, Beneficiary means the Alternate Payee who is
recognized by such Order as having a right to receive all or a portion of any
benefits payable under the Plan on behalf of such Participant.

                                     VII-3
<PAGE>

                                  ARTICLE VIII

                                  PLAN FUNDING
                                  ------------

8.01.     Trust Agreement

          (a) The Company, in order to establish a Trust Fund for the payment of
benefits under the Plan, has entered into a Trust Agreement with the Trustee
whereby Plan contributions will be held, invested, and applied to the payment of
Plan benefits.  The Trust Agreement refers to, and incorporates by reference,
the Plan.  The Trust Agreement specifically provides, inter alia, for the
investment and reinvestment of the Trust Fund and its income, the management,
control, and disbursement of the assets of the Trust Fund, the responsibilities
and immunities of the Trustee, removal of the Trustee and the appointment of a
successor or successors, accounting by the Trustee, and such other provisions as
are not inconsistent with the provisions of the Plan and its nature and
purposes.

          (b) The Trustee shall, in accordance with the terms of the Trust
Agreement, accept and receive all sums of money and such other property paid and
acceptable to it from time to time by the Employer, and shall hold, invest,
reinvest, manage and administer such monies, properties, and increments,
increases, earnings, and income as a Trust Fund for the exclusive benefit of
those entitled to receive benefits under the Plan.  The Trustee shall have no
duty to inquire into the correctness of the amounts tendered to it by an
Employer, nor to enforce the payment of any contributions under the Plan.  The
Trustee may maintain separate accounts for purposes of convenience, but the
maintenance of such accounts shall not operate to vest an interest in the assets
of the Trust Fund in any Participant except as provided by the other provisions
of the Plan.

8.02.     Participant Directed Investments

          (a) Directed Investments.  A Participant may direct the investment of
his Account into any of the Trust Fund's Investment Funds described in Exhibit
II to the Plan in accordance with the investment election procedures described
below.

          The Investment Committee may add or delete Investment Funds from time
to time.  Participants shall be given notice of all changes in the Investment

                                     VIII-1
<PAGE>

Funds offered under this Plan section.  The availability of Investment Funds
shall be administered in a uniform and nondiscriminatory basis with respect to
all similarly situated Participants.

          (b) Election Procedures.  Investment elections may be started or
amended on any Entry Date.  Each Participant may make an election hereunder on
or before the 30th day preceding the investment election date for which it is to
be effective.  Any such election shall continue in effect until amended or
revoked.  Investment elections must be made in whole percentages and on forms
prescribed by the Plan Administrator for that purpose.  Separate elections shall
be made for the investment of future contributions and existing Account
balances.

          (c) Charges and Expenses.  A Participant's Account may be charged for
the reasonable expenses of carrying out his investment directions, provided that
reasonable procedures are established to inform the Participant of any charges.

8.03.     Investment of Income

          Earnings on each Investment Fund collected by the Trustee, shall be
credited to Participant Accounts, on the basis of his interest in that fund and
the amounts so credited shall be reinvested in that fund.

                                     VIII-2
<PAGE>

                                   ARTICLE IX

                           APPOINTMENTS AND ALLOCATION
                           ---------------------------

                           OF FIDUCIARY RESPONSIBILITY
                           ---------------------------

9.01.     Named Fiduciary

          A. T. Massey Coal Company, Inc. is the Named Fiduciary of the Plan.
All powers granted to the Named Fiduciary by this Plan may be exercised by the
Named Fiduciary's Designee.  Except as provided in the Trust Agreements, all
responsibilities not specifically delegated to another Fiduciary remain with the
Named Fiduciary.

9.02.     Allocation of Responsibility

          The Named Fiduciary shall have the power to allocate fiduciary
responsibilities among other named Fiduciaries and to designate Fiduciaries to
carry out Fiduciary responsibilities in order to provide for the orderly
operation and administration of the Plan.  Any allocation, delegation, or other
assignment of duties previously made is hereby confirmed and shall continue
until such time as it is revoked, modified, or altered by the Named Fiduciary.
The Named Fiduciary may permit any person to whom any authority or control has
been granted to further allocate, delegate, or assign any or all such duties to
such other person or entity as the Named Fiduciary may specify.  A person or
entity serving as a Fiduciary with regard to the Plan may serve in more than one
Fiduciary capacity and may employ one or more persons to render advice with
regard to his Fiduciary responsibilities hereunder.  To the extent allowed by
law, each Fiduciary's responsibility is limited to the duties allocated or
designated to it.

9.03.     Plan Administrator

          (a) The Named Fiduciary's Designee may appoint a Plan Administrator or
the Benefits Committee to administer the Plan.  The Plan Administrator has only
the responsibilities described in this Plan and those delegated by the Named
Fiduciary's Designee and accepted by the Plan Administrator.  The Plan
Administrator has no responsibility for the control or management of the Trust
Fund except as specifically provided in this Plan.  If there is no Plan
Administrator, the Named Fiduciary must assume all of the Plan Administrator's
powers and duties until a Plan Administrator is named.

                                      IX-1
<PAGE>

          (b)  A Plan Administrator may resign only by delivering a written
resignation to the Named Fiduciary.  Such resignation will become effective
thirty days after its receipt by the Named Fiduciary.  The Named Fiduciary's
Designee may remove a Plan Administrator by delivering written notice to that
person.  Any absence of a Plan Administrator arising from resignation, death,
removal or other causes may be filled by the Named Fiduciary's Designee.

9.04.     Benefits Committee

          (a) The Named Fiduciary's Designee shall have the power to appoint a
Benefits Committee which shall consist of as many persons as the Named
Fiduciary's Designee wishes and which shall serve pursuant to Plan article X.

          (b) A member of the Benefits Committee may resign only by delivering a
written resignation to the Named Fiduciary.  Such resignation will become
effective thirty days after its receipt by the Named Fiduciary.  The Named
Fiduciary's Designee shall have the power to remove a member of the Benefits
Committee at its discretion for any reason by delivering a written notice to
that person.  Vacancies in the membership of the Benefits Committee arising from
resignation, death, removal or other causes may be filled by the Named
Fiduciary's Designee, but until a vacancy has been filled, the remaining members
of the Benefits Committee possess the full powers and authority of the Benefits
Committee.

                                      IX-2
<PAGE>

9.05.     Trustee

          The Board shall have the power to appoint one or more Trustees, to
remove a Trustee at its discretion upon 60 days' written notice unless a shorter
period is agreed to, to appoint a successor to any Trustee who has resigned, has
been removed, or has ceased to serve for any other reason, and to appoint a co-
Trustee with the consent of the Trustee then serving.  The Trustee may resign at
any time upon 60 days' written notice to the Company unless a shorter period is
agreed to.  The appointment of any Trustee or co-Trustee shall become effective
upon the Trustee's or co-Trustee's acceptance of the appointment in writing.
Each Trustee shall hold and invest the assets of the Plan under a Trust
established pursuant to a Trust Agreement between the Company and the Trustee.
Each Trustee shall further carry out all duties assigned to it by the Plan or
the applicable Trust Agreement.  The Company shall promptly notify any insurance
company from which policies or contracts have been purchased of any change in
the Trustee.

9.06.     Investment Committee

          (a) The Named Fiduciary's Designee shall have the power to appoint an
Investment Committee which shall consist of one or more persons as determined by
the Named Fiduciary Designee in its sole discretion.  The Investment Committee
may name one of more Investment Managers for the Plan and may delegate any of
all of its authority to one or more of those Investment Managers.

          (b) A member of the Investment Committee may resign only by delivering
a written resignation to the Named Fiduciary.  Such resignation will become
effective thirty days after its receipt by the Named Fiduciary.  The Named
Fiduciary's Designee shall have the power to remove a member of the Investment
Committee at its discretion for any reason by delivering a written notice to
that person.  Vacancies in the membership of the Investment Committee arising
from resignation, death, removal or other causes may be filled by the Named
Fiduciary's Designee, but until a vacancy has been filled, the remaining members
of the Investment Committee possess the full powers and authority of the
Investment Committee.

          (c) If an Investment Committee is not appointed, the Named Fiduciary
must assume all of the Investment Committee's powers and duties until an
Investment Committee is named.

                                      IX-3
<PAGE>

9.07.     Errors and Omissions

          Individuals and entities charged with the administration of the Plan
must see that it is administered in accordance with the terms of the Plan as
long as the Plan does not conflict with the Code or ERISA.  If an innocent error
or omission is discovered in the Plan's operation or administration, and the
Plan Administrator determines that it would cost more to correct the error than
is warranted, and if the Plan Administrator determines that the error did not
result in discrimination in operation or cause a qualification or excise-tax
problem, then, to the extent that an adjustment will not, in the judgment of the
Plan Administrator, result in discrimination in operation, the Plan
Administrator may authorize any equitable adjustment it deems necessary or
desirable to correct the error or omission, including but not limited to the
authorization of additional Employer contributions designed, in a manner
consistent with the goodwill intended to be engendered by the Plan, to put
Participants in the same relative position they would have enjoyed if there had
been no error or omission.  Any contribution made pursuant to this section is an
additional discretionary contribution.

9.08.     Fiduciary Discretion

          In discharging the duties assigned to it under the Plan, each
Fiduciary has the discretion to interpret the Plan; adopt, amend and rescind
rules and regulations pertaining to its duties under the Plan; and to make all
other determinations necessary or advisable for the discharge of its duties
under the Plan.  Each Fiduciary's discretionary authority is absolute and
exclusive if exercised in a uniform and nondiscriminatory manner with respect to
similarly situated individuals.  The express grant in the Plan of any specific
power to a Fiduciary with respect to any duty assigned to it under the Plan must
not be construed as limiting any power or authority of the Fiduciary to
discharge its duties.  A Fiduciary's decision is final and conclusive unless it
is established that the Fiduciary's decision constituted an abuse of its
discretion.

9.09.     Limitation of Liability

          (a) If permissible by law, the Plan Administrator and each member of
the Benefits Committee serves without bond.  If the law requires bond, the Plan
Administrator must secure the minimum required (or any greater amount set by the
Company) and obtain necessary payments according to Plan section 10.05.  Except
as otherwise provided in the Plan, the Plan Administrator and any member of the
Benefits Committee is not liable for another Plan Administrator's or member's
act or omission or for another Fiduciary's act or omission.  To the extent
allowed by law and except as otherwise provided in the Plan, the Plan

                                      IX-4
<PAGE>

Administrator and any member of the Benefits Committee is not liable for any
action or omission that is not the result of the Plan Administrator's or
member's own negligence or bad faith.

          (b) As permitted by law, and as limited by any written agreement
between the Company and the Plan Administrator or between the Company and the
Benefits Committee or member in question, the Employers must indemnify and save
the Plan Administrator and each member of the Benefits Committee harmless
against expenses, claims, and liability arising out of being the Plan
Administrator or a member of the Benefits Committee, except expenses, claims,
and liability arising out of the individual's own negligence or bad faith.  The
Company may obtain insurance against acts or omissions of the Plan Administrator
and the members of the Benefits Committee.  If the Company fails to obtain
insurance to indemnify, the Plan Administrator or a member of the Benefits
Committee may obtain insurance and must be reimbursed according to Plan section
10.05 and to the extent not prohibited by law.  At its own expense, the Company
may employ its own counsel to defend or maintain, either in its own name or in
the name of the Plan Administrator, the Benefits Committee, or any of its
members, any suit or litigation arising under this Plan concerning the Plan
Administrator, the Benefits Committee, or any of its members.

          (c) The Plan Administrator may name and, as to responsibilities
assigned according to this Plan to the Benefits Committee, the Benefits
Committee may name any other person as a Fiduciary in the process of delegating
any responsibility and power of the Plan Administrator or of the Benefits
Committee, and by naming that person, the Plan Administrator or the Benefits
Committee limits its own duties and responsibilities to the extent specified in
that delegation.

                                      IX-5
<PAGE>

                                    ARTICLE X

                               PLAN ADMINISTRATION
                               -------------------

10.01.    General

          (a) The Plan Administrator is responsible for the operation and
administration of the Plan, except to the extent its duties are allocated to or
assumed by other persons or entities according to the terms of the Plan.

          (b) The Plan Administrator shall establish rules and procedures to be
followed by Participants and Beneficiaries in filing applications for benefits
and for furnishing and verifying proofs of any matter necessary to establish
their rights to benefits or other rights in accordance with the Plan.

          (c) The Plan Administrator shall supply such full and timely
information on all matters relating to the Plan as the Trustee, each Fiduciary
and other persons performing services for the Plan may require for the effective
discharge of their respective duties.

10.02.    Duties of Plan Administrator

          It shall be the duty of the Plan Administrator or such persons as it
may designate to handle the day-to-day operations of the Plan including the
enrollment of Participants; the distribution of booklets, notices and other
information regarding the Plan; maintaining Beneficiary designation forms; and
communicating all other matters relating to Participants' participation and
entitlement to benefits to each Fiduciary and other persons performing services
for the Plan as may be necessary to enable them to discharge their duties under
the Plan.  The Plan Administrator or such persons as it may designate shall
carry out the duties in a uniform, equitable, and nondiscriminatory manner with
regard to all Participants or Beneficiaries under similar circumstances.

10.03.    Disclosure

          (a) The Plan Administrator shall see that descriptions of the Plan are
prepared for filing with the Department of Labor and shall make available to

                                      X-1
<PAGE>

Participants and Beneficiaries receiving benefits under the Plan a summary of
the Plan at such place and at such times as may be required by federal statutes
and regulations.

          (b) The Plan Administrator shall arrange for the preparation and
filing of such annual reports, including financial statements of the Plan's
assets and liabilities, schedules, receipts and disbursements and changes in
financial position in such form, at such place and at such times as may be
required by federal statutes and regulations.  The Plan Administrator shall
furnish annually to all Participants and Beneficiaries receiving benefits under
the Plan a copy of a summary of the financial statement of the Plan's assets and
liabilities and schedules of receipts and disbursements and such other material
as is necessary to fairly summarize the latest annual report at such times and
to the extent required by federal statutes and regulations.

          (c) The Plan Administrator shall also make available at its principal
office copies of the Plan, any Trust Agreement, copies of any contracts relating
to the Plan, descriptions of the Plan, and annual reports for examination by any
Participant or Beneficiary.

          (d) Upon the written request of any Participant or Beneficiary
receiving benefits under the Plan, the Plan Administrator shall furnish him a
copy of the latest updated summary plan description, plan description, latest
annual report, and a copy of the Plan and Trust Agreement.  The Plan
Administrator may make a reasonable charge for the costs of furnishing such
copies not otherwise required to be provided to such Participant or Beneficiary
without charge as a matter of law.

10.04.    Annual Accountings

          To the extent required by law, the Plan Administrator shall engage, on
behalf of all Participants, an independent qualified public accountant
designated by the Company, to certify and render an opinion that the financial
statements and schedules prepared in conjunction with the Plan are presented
fairly and are in conformity with generally accepted accounting principles.

10.05.    Expenses and Compensation

          Reasonable expenses incurred in the administration of the Plan,
including reasonable legal and accounting expenses, compensation for services

                                      X-2
<PAGE>

rendered to the Plan, and reimbursement of expenses actually and properly
incurred by persons who are not otherwise compensated for providing services to
the Plan shall be paid by the Trustee out of the Trust Fund.  In its discretion,
the Company may pay such expenses.  No Employee of the Company or an Affiliate
shall be entitled to compensation for his services with respect to the Plan
other than his normal compensation received as an employee of an Employer, but
he shall be entitled to reimbursement for his reasonable expenses incurred in
the administration of the Plan.

10.06.    Directions to Trustee

          (a) Except as provided in Plan section 8.02, the Investment Committee
shall have the right to direct the Trustee with respect to the investment of all
or a designated part of the Trust Fund (other than the portion of the Trust Fund
subject to the control of an Investment Manager), either directly or indirectly
through such agents as it may retain to direct the investment of the Trust Fund.

          (b) All directions from the Employer to the Trustee shall be in
writing from the Plan Administrator, or such other person or persons as may be
appointed in writing by the Plan Administrator.  The Trustee shall rely on and
shall act in accordance with such directions, unless the Trustee knows or should
know that the directions constitute a breach of that person's or entity's or its
own obligations under the Plan.

10.07.    Recapture of Payments

          (a) By error, it is possible that payments to a Participant or
Beneficiary may exceed the amounts to which the recipient is entitled.  When
notified of the error, the recipient must return the excess to the Trust Fund.
This requirement is limited where explicit statutory provisions require
limitation.

          (b) To prevent hardship, repayment under subsection (a) may be made in
installments, determined in the sole discretion of the Benefits Committee.  A
repayment arrangement, however, may not be contrary to law, and it may not be
used as a disguised loan.

          (c) If the Trustee or Trustees are authorized by statute to recover
some payments, no Plan provision may be construed to contravene the statute.

                                      X-3
<PAGE>

10.08.    Claims Procedure

          (a) Claims for benefits under the Plan may be submitted to the Plan
Administrator or such persons as it may designate in writing who shall have the
initial responsibility for determining the eligibility of any Participant or
Beneficiary for benefits.  Such claims for benefits shall be made in writing and
shall set forth the facts which such Participant or Beneficiary believes to be
sufficient to entitle him to the benefit claimed.  The Plan Administrator may
adopt forms for the submission of claims for benefits in which case all claims
for benefits shall be filed on such forms.

          (b) On receipt of a claim, the Plan Administrator must respond in
writing within 90 days.  If necessary, the Plan Administrator's first notice
must indicate any special circumstances requiring an extension of time for the
Plan Administrator's decision.  The extension notice must indicate the date by
which the Plan Administrator expects to give a decision.  An extension of time
for processing may not exceed 90 days after the end of the initial 90 day
period.

          (c) If a claim is wholly or partially denied, the Plan Administrator
must give written notice within the time provided in subsection (b).  If notice
that a claim has been denied is not furnished within that time, the claim is
deemed denied.  An adverse notice must be written in a manner calculated to be
understood by the claimant and must include (i) each reason for denial; (ii)
specific references to the pertinent provisions of the Plan or related documents
on which the denial is based; (iii) a description of any additional material or
information necessary for the claimant to perfect the claim and an explanation
of why that material or information is needed; and (iv) appropriate information
about the steps to be taken if the claimant wishes to submit the claim for
review.

          (d) A claimant's proper written request for review must be received by
the Plan Administrator no less than 60 days after the claimant's receipt of
notice that a claim has been denied.  The Plan Administrator may appoint a
committee to review benefit claims, which must review any claim that was denied.
If no committee is appointed, the Plan Administrator will process any valid
claim.

          (e) The committee appointed to review claims must determine whether
there will be a hearing.  Before any hearing or review of the Participant's

                                      X-4
<PAGE>

claim, the claimant or a duly authorized representative may review all Plan
documents and other papers that affect the claim and may submit issues and
comments in writing.  Any committee appointed to review claims must schedule any
hearing to give sufficient time for this review and submission, giving notice of
the schedule and deadlines for submission.

          (f) The decision on review must be furnished to the claimant in
writing within 60 days after the request for review is received, unless special
circumstances require an extension of time for processing.  If an extension is
required, written notice of the extension must be furnished to the claimant
before the end of the 60-day period and the decision then must be given as soon
as possible, but not later than 120 days after the request for review was
received.  The decision on review must be written in a manner calculated to be
understood by the claimant and must include specific reasons for the decision
and specific references to the pertinent provisions of the Plan or related
documents on which the decision is based.  If the decision on review is not
received by the claimant within the time required in this subsection, the claim
is deemed denied on review.

          (g) If a committee is appointed and if such committee has regularly
scheduled meetings at least quarterly, the rules in this subsection govern the
time for the decision on review and supersede the rules in subsection (f).  If
the claimant's written request for review is received more than 30 days before a
meeting, a decision on review must be made at the next meeting after the request
for review has been received.  If the claimant's written request for review is
received 30 days or less before a meeting of the committee, the decision on
review must be made at the committee's second meeting after the request for
review has been received.  If an extension of time is required, written notice
of the extension must be furnished to the claimant before the extension begins.
If notice that a claim has been denied on review is not received by the claimant
within the time required in this subsection, the claim is deemed denied on
review.

          (h) All good-faith determinations by the Plan Administrator are
conclusive and binding on all persons, and there is no right of appeal except as
provided above.

                                      X-5
<PAGE>

10.09.    Benefits Committee

          (a) Powers and Duties.  The Benefits Committee shall have all duties
specifically allocated to it hereunder or which are delegated to it by the Named
Fiduciary's Designee, and shall have all necessary powers to carry out those
duties.  The Benefits Committee shall have the power to construe the Plan and to
determine all questions that arise thereunder.

          (b) Indemnification.  The Employer shall indemnify and save harmless
each and all of the members of the Benefits Committee from the effect and
consequences of their acts, omissions and conduct in their official capacity,
except to the extent that such effects and consequences shall result from their
own willful misconduct or gross negligence.

          (c) Abstention.  A member of the Benefits Committee who is also a
Participant in the Plan shall abstain from any action which directly affects him
as a Participant in a different manner than other similarly situated
Participants.  In the event of an abstention, matters shall be decided by the
remaining members of the Benefits Committee.  Nothing herein, however, shall
prevent any member of the Benefits Committee who is also a Participant or
Beneficiary from receiving any benefit to which he may be entitled, so long as
the benefit is computed and paid on a basis that is consistently applied to all
other Participants or Beneficiaries.

          (d) Agents and Counsel.  The Benefits Committee may engage agents to
assist it in its duties and may consult with counsel, who may be counsel for the
Employer, with respect to the meaning or construction of this document and its
obligations hereunder, or with respect to any action, proceeding, or question of
law related thereto.

          (e) Officers.  The Benefits Committee shall choose a chairman from its
members and may appoint a secretary to keep such records of the acts of the
Committee as may be necessary.  The secretary may, but need not, be a member of
the Committee.  The secretary may perform any and all purely ministerial acts
which may be delegated to him by the Committee.

          (f) Majority Vote.  The Benefits Committee shall act by a majority of
its members in office at the time and may take action either by a vote at a
meeting or in writing without a meeting.  If there is a tie vote by a Committee
or other inability of a Committee to act, the Named Fiduciary's Designee must
decide the question.

                                      X-6
<PAGE>

          (g) Rules and Regulations.  The Benefits Committee may formulate such
rules and regulations which are not inconsistent with the purposes of the Plan
as it may deem necessary to enable it to carry out its duties hereunder.

10.10.    Investment Committee

          (a) Powers and Duties.  The Investment Committee shall have all duties
specifically allocated to it hereunder or which are delegated to it by the Named
Fiduciary's Designee, and shall have all necessary powers to carry out those
duties.  The Benefits Committee shall have the power to construe the Plan and to
determine all questions that arise thereunder.

          (b) Indemnification.  The Employer shall indemnify and save harmless
each and all of the members of the Investment Committee from the effect and
consequences of their acts, omissions and conduct in their official capacity,
except to the extent that such effects and consequences shall result from their
own willful misconduct or gross negligence.

          (c) Abstention.  A member of the Investment Committee who is also a
Participant in the Plan shall abstain from any action which directly affects him
as a Participant in a different manner than other similarly situated
Participants.  In the event of an abstention, matters shall be decided by the
remaining members of the Investment Committee.  Nothing herein, however, shall
prevent any member of the Investment Committee who is also a Participant or
Beneficiary from receiving any benefit to which he may be entitled, so long as
the benefit is computed and paid on a basis that is consistently applied to all
other Participants or Beneficiaries.

          (d) Agents and Counsel.  The Investment Committee may engage agents to
assist it in its duties and may consult with counsel, who may be counsel for the
Employer, with respect to the meaning or construction of this document and its
obligations hereunder, or with respect to any action, proceeding, or question of
law related thereto.

          (e) Officers.  The Investment Committee shall choose a chairman from
its members and may appoint a secretary to keep such records of the acts of the
Committee as may be necessary.  The secretary may, but need not, be a member of
the Committee.  The secretary may perform any and all purely ministerial acts
which may be delegated to him by the Committee.

                                       X-7
<PAGE>

          (f) Majority Vote.  The Investment Committee shall act by a majority
of its members in office at the time and may take action either by a vote at a
meeting or in writing without a meeting.  If there is a tie vote by a Committee
or other inability of a Committee to act, the Named Fiduciary's Designee must
decide the question.

          (g) Rules and Regulations.  The Investment Committee may formulate
such rules and regulations which are not inconsistent with the purposes of the
Plan as it may deem necessary to enable it to carry out its duties hereunder.

10.11.    Asset Transfers

          (a) Transfer Contributions are trustee-to-trustee transfers of assets
or liabilities according to Code section 414(l).  The Plan Administrator may not
accept Transfer Contributions that will cause any portion of this Plan to become
a plan to which Code section 401(a)(11) applies, nor may the Plan Administrator
accept Transfer Contributions from a Plan that is not sponsored by an Affiliate
or Related Entity.

          (b) If any benefit rights or features have attached to those Transfer
Contributions that are not generally available with respect to other amounts
that are held under the Plan, the Plan Administrator must ensure that all such
Transfer Contributions and the earnings (and loss) allocations thereon are
allocated to a separate subaccount.  The Plan Administrator must communicate to
the affected Participants the distribution rights or other benefit rights and
features that are available with respect to those amounts, and the Plan
Administrator must ensure that those benefit rights and features are protected
in accordance with Code section 411(d)(6).

                                      X-8
<PAGE>

                                   ARTICLE XI

                      AMENDMENT AND TERMINATION OF THE PLAN
                      -------------------------------------

11.01.    Amendment of the Plan

          The Board or the Executive Committee of the Board shall have the right
to modify, alter, or amend the Plan or the Trust Agreement in whole or in part
by a majority vote of its members at a meeting, by unanimous consent in lieu of
a meeting or in any other manner permissible under applicable state law.  In
addition, the Board or the Executive Committee of the Board may delegate to an
appropriate officer or officers or committee of the Company, all of part of the
authority to amend the Plan or Trust Agreement.  No amendment may increase the
duties, powers, and liabilities of the Trustee without its written consent nor
may it affect adversely the benefits of persons who have retired or the benefits
that have accrued prior to the effective date of such action.  No amendment,
modification, or alteration shall have the effect of revesting in any Employer
any part of the principal or income of the Fund or any policies or contracts
issued pursuant to the Plan.  Except as otherwise allowed by Treasury
regulations, no amendment may eliminate or reduce an early retirement benefit or
a retirement-type subsidy (as defined in applicable Treasury regulations) or
eliminate an optional form of benefit with respect to benefits attributable to
service before the amendment.

11.02.    Termination of the Plan

          (a) While the Company expects to continue the Plan indefinitely,
continuance of the Plan is not assumed as a contractual obligation.  The Company
reserves the right, on behalf of all Employers, to discontinue Employer
contributions and to terminate the Plan at any time by action of the Board in
accordance with the procedures set forth in Plan section 11.01.  An Employer
reserves the right to discontinue Employer contributions and to terminate the
Plan on behalf of its Employees at any time by action of its board of directors.

          (b) The Company shall give notice to the Plan Administrator and the
Trustee at least 30 days prior to the effective date of termination.  The Plan
shall terminate without notice on the bankruptcy, insolvency or termination of
business of the Company, or the complete discontinuance of Employer
contributions.

                                      XI-1
<PAGE>

          (c) On termination of the Plan (or in the event of a complete or
partial termination, or complete discontinuance of contributions or
curtailment), the interests of present Participants (to the extent affected by
such action) in their Account balances as of the date of such event shall be
nonforfeitable.  The Company may elect to continue the Trust in effect, in which
case the Trustee shall continue to administer the Trust in accordance with the
provisions of the Plan and the Trust Agreement for the sole benefit of the
Participants or Beneficiaries who are then receiving or entitled to receive
future benefits; or the Company may elect to discontinue the Trust, in which
case the benefits of Participants and Beneficiaries shall be distributed as
provided in Plan articles VI and VII.  In the event of a termination, no further
contributions will be made to the Plan by the Employers or by the Participants,
and the sole recourse of Participants and Beneficiaries for benefits due under
the Plan shall be to Plan assets.

          (d) The Employer may discontinue the Trust and distribute each
individual's interest in a single lump sum.

11.03.    No Reversion to Employer

          The Employer has no beneficial interest in the Trust Fund, and no part
of the Trust Fund shall ever revert or be repaid to the Employer, directly or
indirectly, except as provided in Plan sections 3.07 and 11.02 if, and to the
extent, permitted by the Code, ERISA and applicable regulations thereunder.

11.04.    Merger, Consolidation and Transfer of Assets or Liabilities

          (a) No merger or consolidation with, or transfer of assets or
liabilities to this Plan or from this Plan to any other plan shall be made,
unless each Participant would receive immediately after such event a benefit
(determined as if the Plan had terminated at that time) which is equal to or
greater than the benefit he would have been entitled to receive under the Plan
immediately before such event had the Plan terminated at that time.

          (b) Subject to subsection (a), the Trustee, with the consent of the
Company, may transfer the vested Account of a terminated Participant to another
Qualified Plan or Trust that accepts such transfers.  Any amounts transferred
under this subsection must be fully vested and separately accounted for.

                                      XI-2
<PAGE>

                                   ARTICLE XII

                               GENERAL PROVISIONS
                               ------------------

12.01.    Qualification

          This Plan has been created for the exclusive purpose of providing
benefits to Participants and their Beneficiaries and defraying reasonable
expenses of administering the Plan.  The Plan shall be interpreted in a manner
consistent with applicable provisions of the Code and of ERISA.  Except as
permitted by law, under no circumstances shall any funds contributed to this
Plan, any assets of this Plan held under any Trust Agreement or income
attributable to such assets, revert to or be used or enjoyed by an Employer, nor
shall any such funds, assets or income ever be used or diverted to purposes
other than the exclusive benefit of Participants or their Beneficiaries, except
as provided in Plan article III.

12.02.    No Guarantees

          (a) Neither the Trustee, the Company, nor any other Employer in any
way guarantees the payment of any benefit or amount that may become due under
the Plan to any Participant or retired Participant, or to the legal
representative or Beneficiary of any such Participant or retired Participant.
Neither the Trustee, the Company, nor any Employer guarantees the payment by any
insurance company of any benefit or amount that may be due under any policy or
contract.  Each Participant, retired Participant, or legal representative or
Beneficiary of any deceased or retired Participant, shall look solely to the
assets of the Trust Fund for the payment of benefits under the Plan.

          (b) The Plan shall not be deemed to constitute a contract between any
Employer and an employee, or to be consideration or inducement for the
employment of any employee by any Employer.  Nothing contained in the Plan shall
be deemed to give any employee the right to be retained in the service of any
Employer or to interfere with the rights of such Employer to discharge or to
terminate the service of any employee at any time without regard to the effect
such discharge or termination may have on any rights under the Plan.

                                     XII-1
<PAGE>

12.03.    Limits on Assignment

          Except as allowed by Code section 401(a)(13) with respect to Qualified
Domestic Relations Orders, Plan benefits may not be anticipated, assigned
(either at law or in equity), alienated, or subject to attachment, garnishment,
levy, execution, or other legal or equitable process.

12.04.    Discharge of Liability

          Any payment to a person entitled to a benefit under the Plan, or to
the legal representative of such person to the extent thereof (including any
Plan benefits that become payable to a Participant or Beneficiary who is a minor
or who, in the opinion of the Plan Administrator, is not legally capable of
giving valid receipt and discharge for such benefits), shall be in full
satisfaction of all claims hereunder against the Trustee, the Plan
Administrator, and the Employers, any of whom may require the person receiving
such payment, as a condition precedent to such payment, to execute a receipt and
release in such form as shall be determined by the Trustee, the Plan
Administrator, or the Employers, as the case may be.

12.05.    Unclaimed Benefits

          If the Trustee cannot make payments of any amount to a Participant or
Beneficiary within a reasonable time after the amount becomes payable because
the person's identity or whereabouts cannot be determined by the end of the
reasonable period, all amounts that would have been payable to that Participant
or Beneficiary must be segregated by the Trustee and then dealt with by the
Trustee according to the laws of the state in which the Participant was last
employed by an Employer that pertain to abandoned intangible personal property
held in a fiduciary capacity.

12.06.    Construction

          (a) This Plan has been created for the exclusive purpose of providing
benefits to Participants and their Beneficiaries and defraying reasonable
expenses of administering the Plan.  The Plan shall be interpreted in a manner
consistent with applicable provisions of the Code and of ERISA.

                                     XII-2
<PAGE>

          (b) Except as otherwise may be required by the controlling law of the
United States, the Plan shall be construed, administered, and enforced in
accordance with the laws of the Commonwealth of Virginia (except to the extent
that its choice-of-law rules would require the application of a state law other
than Virginia).

          (c) The headings and subheadings in this Plan have been inserted for
convenience of reference only and are to be ignored in any construction of the
provisions of the Plan.

          (d) In the construction of the Plan the masculine shall include the
feminine and the singular, the plural in all cases where such meanings are
indicated by the context.

12.07.    Misstatement of Fact

          Notwithstanding anything to the contrary contained in this Plan, if a
Participant at any time misstates any fact relevant to the operation of this
Plan, the matter must be referred to the Benefits Committee as soon as such
misstatement is discovered.  The Benefits Committee may, in its absolute
discretion, make any decision and give any instructions it determines to be
equitable under the circumstances.  The Benefits Committee is not liable for any
action or nonaction taken by it in good faith in such cases.

12.08.    Adoption by Affiliate

          With the approval of the Company's Board and in accordance with such
terms and conditions as it may require, any other business that is an Affiliate
of the Company may take appropriate action through its board of directors and
become a party to the Plan as a participating Employer.  To become a
participating Employer, a business must adopt this Plan as a Qualified Plan for
its employees.  A business that becomes a participating Employer must promptly
deliver to the Trustee a copy of the resolutions or other documents evidencing
its adoption of the Plan or a similar Qualified Plan and also a written
instrument showing the Company's Board's approval of the adopting entity's
status as a participating Employer under this Plan and as a party to the Trust
Agreement.

                                     XII-3
<PAGE>

                                 SIGNATURE PAGE
                                 --------------

          As evidence of its adoption of the Coal Company Salary Deferral and
Profit Sharing Plan, the Company has caused this document to be executed by its
duly authorized officer as of the ____ day of __________, 1994.

                                              A. T. MASSEY COAL COMPANY, INC.

                                              By ______________________________
<PAGE>

                                   APPENDIX A

                               BENEFIT LIMITATIONS
                               AND TOP-HEAVY RULES
                                       FOR
                                  COAL COMPANY
                     SALARY DEFERRAL AND PROFIT SHARING PLAN

                               Effective First Day
                                       of
                              First Limitation Year
                              Beginning After 1982

                                     XII-6
<PAGE>

                                TABLE OF CONTENTS
                                -----------------

Section                                                  Page
-------                                                  ----

INTRODUCTION.................................        Introduction-1

ARTICLE I DEFINITIONS

1.01.  Aggregation Group.....................        A-I-1
1.02.  Annual Addition.......................        A-I-1
1.03.  Annual Benefit........................        A-I-1
1.04.  Defined Benefit Plan..................        A-I-2
1.05.  Defined Contribution Plan.............        A-1-2
1.06.  Determination Date....................        A-I-2
1.07.  Earnings..............................        A-I-2
1.08.  Excess Annual Additions...............        A-I-3
1.09.  Interest..............................        A-I-4
1.10.  Key Employee..........................        A-I-4
1.11.  Limitation Year.......................        A-I-4
1.12.  Non-Key Employee......................        A-I-5
1.13.  Permissive Aggregation Group..........        A-I-5
1.14.  Projected Annual Benefit..............        A-I-5
1.15.  Required Aggregation Group............        A-I-5
1.16.  Suspense Account......................        A-I-6
1.17.  Test Accrued Benefit..................        A-I-6
1.18.  Top-Heavy Group.......................        A-I-6
1.19.  Top-Heavy Plan........................        A-I-6
1.20.  Top-Heavy Valuation Date..............        A-I-7

ARTICLE II  LIMITATIONS

2.01.  Contribution Limitations..............       A-II-1
2.02.  Multiple Plan Participation...........       A-II-1
2.03.  Suspense Account Allocations..........       A-II-3

                                       -i-
<PAGE>

                                TABLE OF CONTENTS
                                -----------------

Section                                                  Page
-------                                                  ----

ARTICLE III  TOP-HEAVY RULES

3.01.  Top-Heavy Years.......................      A-III-1
3.02.  Special Top-Heavy Definitions.........      A-III-1
3.03.  Top-Heavy Determination...............      A-III-1
3.04.  Interests Measured....................      A-III-2
3.05.  Treatment of Rollovers and Transfers..      A-III-5
3.06.  Minimum Benefits for Top-Heavy Plans..      A-III-6
3.07.  Aggregate Contribution and Benefit
       Limitations...........................     A-III-10

                                      -ii-
<PAGE>

                                   APPENDIX A

                                  INTRODUCTION
                                  ------------

          This Appendix has been adopted as part of the Coal Company Salary
Deferral and Profit Sharing Plan (the Plan) as a method of assuring compliance
with sections 415 and 416 of the Internal Revenue Code of 1986, as amended (the
Code).  This Appendix is part of the Plan.

          The provisions of Appendix A Article II and certain related
definitions in Appendix A Article I are intended to assure that the Plan
continues to qualify by not exceeding the limitations of Code section 415
without losing any special benefit or contribution allowance (including
transitional allowances) permitted under law.  The first two articles of this
Appendix supersede any conflicting provision in the Plan that relates to
contribution limitations under Code section 415.

          The provisions of Appendix A Article III and certain related
definitions in Appendix A Article I are intended to assure compliance with Code
section 416.  The third article of this Appendix contains provisions to
determine whether this Plan (considered together with other Qualified Plans if
that is required by Code section 416(g)(2)) is a top-heavy plan as defined in
Code section 416(g).  Appendix article III also contains provisions designed to
assure compliance by this Plan with Code sections 416(b), 416(c), and 401(a)(17)
if that is necessary to retain the Plan's status as a Qualified Plan.

          The definitions in Appendix A Article I may duplicate or parallel the
definitions in the Plan.  Unless otherwise indicated in the Plan, this
Appendix's definitions apply only to this Appendix's operative provisions and do
not apply to the Plan's provisions not superseded by this Appendix.

          This Appendix must be construed in a manner consistent with its
purpose.

                                 INTRODUCTION-1
<PAGE>

                                   APPENDIX A

                                    ARTICLE I
                                   DEFINITIONS
                                   -----------

1.01.     Aggregation Group means either a Required Aggregation Group or a
Permissive Aggregation Group.  An Aggregation Group consists of two or more
Employer- or Affiliate-maintained Qualified Plans.

1.02.     Annual Addition means, for any Limitation Year, the sum of
allocations to a Participant's Account attributable to (i) Employer
contributions, (ii) for Limitation Years beginning before January 1, 1987, the
lesser of a Participant's nondeductible contributions in excess of six percent
of his total Earnings for the Limitation Year or one-half of his nondeductible
contributions and, for Limitation Years beginning after December 31, 1986, the
Participant's nondeductible contributions, and (iii) any forfeitures.  Any
Excess Deferrals (to the extent not distributed under Plan section 4.06), Excess
Contributions, or Excess Aggregate Contributions shall be treated as Annual
Additions for the Limitation Year.  Amounts allocated to an individual medical
account, as defined in Code section 401(h)(6) and referred to in Code section
415(l)(1), that is part of a Defined Benefit Plan maintained by an Employer or a
Related Entity are treated as Annual Additions to a Defined Contribution Plan.
Amounts derived from contributions paid or accrued after December 31, 1985, in
taxable years ending after such date, that 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 an Employer or a Related Entity are treated as
Annual Additions to a Defined Contribution Plan.

1.03.     Annual Benefit means a benefit payable in the form of a straight-life
annuity (with no ancillary benefits) under a plan to which employees do not
contribute and under which no Rollover Contributions are made.  If a benefit
under a plan is payable in any form other than a straight life annuity or if the
employees contribute to the plan or make Rollover Contributions, the
determination as to whether the limitations described in this section have been
satisfied must be made by adjusting that benefit so that it is equivalent in
value, according to applicable Treasury regulations, to the Annual Benefit.  For
purposes of this definition, any ancillary benefit that is not directly related
to retirement income benefits must not be taken into account.  Any benefits that

                                 APPENDIX A-I-1
<PAGE>

are ancillary within the definitions in Treasury Regulation section 1.411(a)-
7(a)(1) are ancillary benefits for purposes of this definition.  Annual Benefit
does not include that portion of any joint and survivor annuity (as defined in
Code section 417(b)), in excess of the sum of the value of a straight-life
annuity beginning on the same date and the value of any includable post-
retirement death benefits that would be payable even if the annuity were not in
the form of a joint and survivor annuity.  For purposes of adjusting any benefit
under this section for Plan Years beginning after December 31, 1982, the
interest rate assumption must not be less than the greater of five percent or
the rate specified in the plan and no adjustments under Code section 415(d)(1)
may be taken into account before the year for which such adjustment first takes
effect.

1.04.     Defined Benefit Plan means any plan established and qualified under
Code section 401 or 403, other than and to the extent it is not treated as a
Defined Contribution Plan.  For purposes of limitations on benefits and
contributions, however, a Defined Benefit Plan that provides a benefit derived
from employer contributions and that is based partly on the balance of the
separate account of a Participant is treated as a Defined Contribution Plan to
the extent that benefits are based on the Participant's separate account and as
a Defined Benefit Plan for the remaining part of the benefits under the Plan.

1.05.     Defined Contribution Plan means a pension, profit-sharing, or stock-
bonus plan established and qualified under Code section 401 or 403 that provides
an individual account for each Participant and for benefits based solely on the
amount contributed to each Participant's account, together with any income,
expenses, gains, losses, and any forfeitures of accounts of other Participants
that may be allocated to that Participant's account.

1.06.     Determination Date means the date for a Qualified Plan that is the
last day of that Qualified Plan's preceding Plan Year or, for a Qualified Plan's
first Plan Year, the last day of that first Plan Year.

1.07.     Earnings, for any relevant period, means an individual's wages,
salaries for personal services, and other amounts received from the Employers
and their Related Entities for personal services actually rendered.  Earnings
comprise, but are not limited to, commissions paid salesmen; compensation for
services on the basis of percentage of profits; commissions on insurance
premiums; tips; bonuses; fringe benefits; reimbursements and expense allowances;
and other amounts permissibly included according to Treasury regulations as the

                                 APPENDIX A-I-2
<PAGE>

base for computing statutory limits on Annual Benefits and Annual Additions.
Earnings do not mean deferred compensation, income attributable to the receipt
or exercise of certain stock options, and other similar items that receive
special tax benefits and are excluded according to Treasury regulations from the
base for computing those statutory limits.  When computed for any Limitation
Year, Earnings are those paid (or deemed paid if the Plan operates to provide
benefits according to accrued Earnings) or made available to the Participant
within the Limitation Year.  For Limitation Years beginning after December 31,
1991, Earnings are those paid or made available to the Participant within the
Limitation Year.

          For purposes of Plan sections 1.26 and 1.28 and this Appendix A
article III, for Plan Years beginning after December 31, 1988, annual Earnings
for an Employee taken into account under the Plan for any year must not exceed
the statutory limits of Code section 401(a)(17) for such year.  For Plan Years
beginning after December 31, 1988 and before January 1, 1994, the limit is
$200,000 as adjusted.  For Plan Years beginning on or after January 1, 1994, the
limit is $150,000 as adjusted.

          In determining the Earnings for purposes of this limitation, the rules
of Code section 414(q)(6) shall apply, except in applying such rules the term
"family" shall include only the spouse of the employee and any lineal
descendants of the employee who have not attained age 19 before the end of the
Plan Year.  If, as a result of the application of such rules, the adjusted Code
section 401(a)(17) limitation is exceeded, then the limitation shall be prorated
among the affected individuals in proportion to each such individual's Earnings
as determined prior to the application of this limitation.

1.08.     Excess Annual Additions are amounts that cannot be Annual Additions
in the Plan for a Limitation Year because of a forfeiture allocation or a
reasonable error in estimating a Participant's Earnings or in estimating the
amount of Elective Deferral Contributions that may be allocated to his Account
or any other reason allowed by Treasury regulations.  Excess Annual Additions
must be returned to the contributor, if that is allowed by law.  Otherwise,
Excess Annual Additions are governed by Appendix A section 2.02(c).

1.09.     Interest is defined in Appendix A section 3.04.

1.10.     Key Employee means with respect to any Plan Year, any employee,
former employee or other individual described in Code section 416(i)(1) or a

                                 APPENDIX A-I-3
<PAGE>

person related according to Code section 416(i)(5) to such an individual who at
any time during the Plan Year containing the Top-Heavy Determination Date for
that Plan Year or during any of the four preceding Plan Years is

          (a) an officer of the Employer or an Affiliate having total annual
Earnings from the Employer and any Affiliate for a Plan Year greater than 50
percent of the dollar limitation in effect under Code section 415(b)(1)(A) for
the calendar year in which the Plan Year ends;

          (b) one of the 10 Employees having total annual Earnings from the
Employer and any Affiliate for a Plan Year greater than the dollar limitation in
effect under Code section 415(c)(1)(A) for the calendar year in which the Plan
Year ends and owning the largest interest in the Employer or an Affiliate;

          (c) an owner of more than five percent of the outstanding stock or
stock possessing more than five percent of the total voting power of a corporate
Employer or Affiliate, or is an owner of more than five percent of the capital
or profits interest in an Employer or an Affiliate that is not a corporation;
and

          (d) a one-percent owner of the outstanding stock or voting stock or
the capital or profits interest in the Employer or an Affiliate who has total
annual Earnings from the Employer and any Affiliate for a Plan Year of more than
$150,000.

          For purposes of Appendix A section 3.03, an individual's status as a
Key Employee is based on the Plan Year containing the Determination Date and is
based on his Earnings.  For purposes of Appendix A sections 3.06 and 3.07, an
individual's status as a Key Employee is based on the Plan Year to which those
parts are being applied.

1.11.     Limitation Year means the Plan Year.

1.12.     Non-Key Employee means an employee, former employee or other
individual described in Code section 416(i)(5) who is not a Key Employee or a
person related according to Code section 416(i)(5) to such an individual.  For
purposes of Appendix A section 3.03, an individual's status as a Non-Key
Employee is based on the Plan Year containing the Top-Heavy Determination Date.
For purposes of Appendix A sections 3.06, 3.07 and 3.08, an individual's status
as a Non-Key Employee is based on the Plan Year to which those parts are being
applied.

                                 APPENDIX A-I-4
<PAGE>

1.13.     Permissive Aggregation Group means an Aggregation Group created at
the election of the Company for purposes of determining top-heaviness according
to Appendix A section 3.03.  It is created by adding one or more Employer-
maintained or Affiliate-maintained Qualified Plans that are not part of a
Required Aggregation Group to either (i) a Required Aggregation Group or (ii) a
single Employer-maintained or Affiliate-maintained Qualified Plan in which a Key
Employee is a participant during that plan's plan year containing the
Determination Date or during any of the four preceding plan years.

1.14.     Projected Annual Benefit, as to a Participant, equals the total of
each Annual Benefit to which that Participant would be entitled under the terms
of this Plan and all other Defined Benefit Plans maintained by the Employer or a
Related Entity in which the Participant is a participant (assuming that the
Participant continued employment until each such plan's normal retirement age or
his current age, if later; that his Earnings continued at the same rate as in
effect in the Limitation Year under consideration until those normal retirement
ages; and that all other relevant factors used to determine benefits under each
plan remained constant as of the current Limitation Year for all future
Limitation Years).

1.15.     Required Aggregation Group means an Aggregation Group consisting of
all Employer-maintained or Affiliate-maintained Qualified Plans that have a Key
Employee as a participant during the plan year containing the Determination Date
or during any of the four preceding plan years.  In addition, the Required
Aggregation Group contains each other Employer-maintained or Affiliate-
maintained Qualified Plan that enables any Qualified Plan described in the
preceding sentence to meet the requirements of Code sections 401(a)(4) or 410.
Any Employer-maintained or Affiliate-maintained qualified plan that terminated
within the five-year period ending on the Top-Heavy Determination Date must be
taken into account.

1.16.     Suspense Account means an Account required by Appendix A section
2.02.

1.17.     Test Accrued Benefit means a cumulative accrued benefit (excluding
amounts attributable to deductible employee contributions) under a Defined
Benefit Plan determined for a current participant for that plan's first plan
year according to subsection (a) or subsection (b) at the Company's election,
and otherwise determined for a current participant according to subsection (c),

                                 APPENDIX A-I-5
<PAGE>

and determined according to subsection (d) for an individual who is not a
current participant.

          (a) The accrued benefit is determined as if the individual voluntarily
terminated service as of the Determination Date.

          (b) The accrued benefit is determined as if the individual voluntarily
terminated service as of the Top-Heavy Valuation Date, but taking into account
the estimated accrued benefit as of the Determination Date.

          (c) The accrued benefit is determined as if the individual voluntarily
terminated service as of the Top-Heavy Valuation Date.

          (d) The accrued benefit is the participant's remaining undistributed
benefit as of the Determination Date.

The accrued benefit of any Participant (other than a Key Employee) shall be
determined under the method that is used for accrual purposes under all
Qualified Plans of the Employee or an Affiliate or, if there is no such method,
as if the benefit accrued not more rapidly than the slowest accrual rate
permitted under Code section 411(b)(1).

1.18.     Top-Heavy Group means an Aggregation Group that is determined to be
top-heavy under Code section 416(g) and Appendix A section 3.03.

1.19.     Top-Heavy Plan means a Qualified Plan that is determined to be a top-
heavy plan as defined in Code section 416(g) and Appendix A section 3.03.

1.20.     Top-Heavy Valuation Date, for a Qualified Plan's plan year, means the
Qualified Plan's most recent valuation date occurring within a 12-month period
ending at the end of the Determination Date for that plan year.  A Defined
Benefit Plan's Top-Heavy Valuation Date must be the same valuation date used for
computing that plan's costs for determining minimum funding according to Code
section 412 for the plan year that contains the Determination Date, regardless
of whether a valuation is performed that year.

                                 APPENDIX A-I-6
<PAGE>

                                   APPENDIX A

                                   ARTICLE II
                                   LIMITATIONS
                                   -----------

2.01.     Contribution Limitations

          (a) Effective for Limitation Years that before January 1, 1987, a
Participant's Annual Additions for a Limitation Year must not exceed the lesser
of (1) or (2) following:

              (1) $30,000 (adjusted for each Limitation Year to the dollar
           limitation determined by the Commissioner of Internal Revenue to be
           the maximum permissible dollar limitation under Code section
           415(c)(1)(A) for such Limitation Year); or

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

          (b) Effective for Limitation Years that begin after December 31, 1986,
a Participant's Annual Additions for a Limitation Year may not exceed the lesser
of (1) or (2) following:

              (1) the greater of $30,000 or one-fourth of the dollar
           limitation on Annual Benefits according to Code section 415(b)(1)(A)
           for that Limitation Year; or

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

2.02.     Multiple Plan Participation

          (a) Effective for Limitation Years that begin after December 31, 1982,
if an individual is participating or has participated in both the Plan and an
Employer-maintained or a Related Entity-maintained Defined Benefit Plan, the sum

                                APPENDIX A-II-1
<PAGE>

of the Participant's Defined Benefit Plan Fraction and his Defined Contribution
Plan Fraction for any Limitation Year may not exceed 1.0.

              (1) For purposes of this subsection, a Participant's Defined
           Benefit Plan Fraction for any year is a fraction the numerator of
           which is his Projected Annual Benefit under a Related Entity-
           maintained Defined Benefit Plan (determined as of the close of the
           year) and the denominator of which is the lesser of

                   (A) the product of 1.25 multiplied by the dollar limitation
                in effect under Code section 415(b)(1)(A) for the Participant
                for that year or

                   (B) the product of 1.4 multiplied by the amount that may be
                taken into account under Code section 415(b)(1)(B) for that
                Participant for that year.

              (2) For purposes of this subsection, a Participant's Defined
           Contribution Plan Fraction for any Limitation Year is a fraction the
           numerator of which is the sum of his Annual Additions as of the close
           of the year for that and all other Limitation Years and the
           denominator of which is the sum of the lesser of the following
           amounts determined for that year and for each prior year of service
           with an Employer or Related Entity:

                   (A) the product of 1.25 multiplied by the dollar limitation
                in effect under Code section 415(c)(1)(A) (determined without
                regard to (c)(6)) for the Participant for that year or

                   (B) the product of 1.4 multiplied by 25 percent of the
                Participant's Earnings for that year.

          (b) For purposes of applying the limitations of this section, all
Defined Benefit Plans (whether or not terminated) of the Employer and its
Related Entities are treated as one Defined Benefit Plan, and all Defined
Contribution Plans (whether or not terminated) of the Employer and its Related
Entities are treated as one Defined Contribution Plan.   Effective for

                                APPENDIX A-II-2
<PAGE>

Limitation Years beginning after March 31, 1984, an individual medical account,
as defined in Code section 401(h)(6) and referred to in Code section 415(l)(1),
will be treated as a Defined Contribution Plan.  Effective for Limitation Years
that begin after December 31, 1985, with respect to key employees, as defined in
Code section 419A(d)(3), a welfare fund, as defined in Code section 419(e),
maintained by an Employer or a Related Entity will be treated as a Defined
Contribution Plan.  If the Employer has more than one Defined Benefit Plan, the
limitations under subsections (a) and (b) as modified by subsection (e) must be
applied separately to each Plan, but in applying those limitations to the total
of those Defined Benefit Plans for the purposes of this section, the high three
years of Earnings taken into account must be the same years.

2.03.     Suspense Account Allocations

          (a) No allocation or other addition to a Participant's Account is
permitted under a plan that would result in total Annual Additions under Defined
Contribution Plans maintained by the Employer or its Related Entities exceeding
the limitation on Annual Additions set forth in Appendix A section 2.01 for the
appropriate Limitation Year.  To the extent that an allocation or addition
pursuant to a plan intended for one Participant's Account cannot be allocated or
added to that Account, it is treated as a mistake-of-fact contribution if that
is allowed by law, and to the extent that the allocation or addition cannot be
so treated without adverse consequences to the Plan, it is allocated or
distributed according to subsection (b).

          (b) Each Participant's Annual Additions for Employer-maintained or
Related Entity-maintained Qualified Plans are absorbed on a dollar-for-dollar
basis by Employer-maintained and Related Entity-maintained Qualified Plans
according to the hierarchy determined by the Company.

          (c) Excess Annual Additions must be immediately placed in a Suspense
Account, and they offset (reduce) Employer, Related Entity, and Participant
contributions in later Limitation Years as they are allocated (and as they are
reallocated) to all Participants.  To the extent that a Participant's Excess
Annual Additions are attributable to his Elective Deferrals, those Elective
Deferrals may be returned to the Participant in the Limitation Year in which
they are determined to be Excess Annual Additions and will reduce that
Participant's Excess Annual Addition.  If Elective Deferrals are returned to a
Participant pursuant to this Plan section, such Elective Deferrals will be
disregarded for purposes of the limitations on such contributions under Code
sections 402(g), 401(k)(3) and 401(m)(2).  For any Limitation Year in which a

                                 APPENDIX A-II-3
<PAGE>

Suspense Account exists according to this section, the Suspense Account is
credited with investment gains and losses as if it were a Participant's Account.
If a Suspense Account exists according to the provisions of this section when a
plan terminates, the Suspense Account must be treated as not part of the plan
assets and is returned to the contributor or contributors, pro rata according to
their contributions.

          (d) Unless the Plan Administrator has passed a resolution authorizing
the adjustment of all benefits in pay status under the Plan with respect to any
Plan Year and all prior Plan Years, as a result of changes in the limitations
under Code section 415(b) or 415(c), all determinations pursuant to this Plan
section and Appendix A section 2.01, shall be made as of the applicable Annuity
Starting Date.  If the Plan Administrator acts pursuant to this subsection to
have subsequent changes in the limitations under Code section 415(b) or 415(c)
taken into account with respect to benefits in pay status, such adjustments
shall apply to all affected benefits in pay status.

          (e) If the sum of any Participant's Defined Benefit Plan Fraction and
Defined Contribution Plan Fraction would exceed the allowances described in
Appendix A section 2.01 for any Limitation Year, the Plan Administrator must
first freeze or limit the rate of benefit accrual of such Participant under
Defined Benefit Plans maintained by the Employer and its Affiliates and next, to
the extent required, adjust the amount of current and future Annual Additions to
Defined Contribution Plans maintained by the Employer and its Affiliates with
respect to such Participant so that the sum of those fractions does not exceed
such limitation.  Further, in no event may a Participant accrue a benefit under
any Defined Benefit Plan or Defined Contribution Plan maintained by the Employer
and its Affiliates that would cause the Plan to violate the provisions of this
Appendix A Article II.

                                APPENDIX A-II-4
<PAGE>

                                   APPENDIX A

                                   ARTICLE III
                                 TOP-HEAVY RULES
                                 ---------------

3.01.     Top-Heavy Years

          The provisions of Appendix A sections 3.06 and 3.07 are effective only
for Plan Years in which this Plan is a Top-Heavy Plan according to the
determination described in Appendix A section 3.03.

3.02.     Special Top-Heavy Definitions

          The terms used in this article that are defined in Appendix A article
I apply only for purposes of this article.  Any defined term used in this
article not found in Appendix A article I is defined in Plan article I.

3.03.     Top-Heavy Determination

          (a) The determination of whether this Plan is a Top-Heavy Plan for a
Plan Year is made according to Interests as of that Plan Year's Determination
Date, based on the related Top-Heavy Valuation Date, according to the procedures
required in this Appendix section.

          (b) If this Plan is not part of an Aggregation Group, it is a Top-
Heavy Plan if, as of the Determination Date, the Interests of all Key Employees
in the Plan exceed 60 percent of the combined Interests of all participants in
the Plan.

          (c) If this Plan is part of an Aggregation Group, the determination of
whether this and each plan in the Aggregation Group is a Top-Heavy Plan is
determined according to the procedures required in this subsection, applying
each subparagraph in numerical sequence.

              (1) As of each plan's Determination Date, separately determine
           the Interests of all Key Employees in each plan in the Aggregation
           Group and the Interests of all participants in each plan in the
           Aggregation Group.

                                APPENDIX A-III-1
<PAGE>

              (2) The Interests of all Key Employees in each plan that is part
           of the Aggregation Group are added to the Interests of all Key
           Employees in each other plan in the Aggregation Group.  The Interests
           of all participants in the plans are totaled in the same manner.  The
           Interests are determined as of the plans' Determination Dates that
           fall within the same calendar year.

              (3) The Aggregation Group is a Top-Heavy Group and this Plan and
           each other plan that is in this Plan's Required Aggregation Group are
           Top-Heavy Plans if, after application of paragraph (2), the Interests
           of all Key Employees in the Aggregation Group exceed 60 percent of
           the combined Interests of all participants under all plans in the
           Aggregation Group.

          (d) The Company may create a Permissive Aggregation Group, but a
Qualified Plan may not be part of a Permissive Aggregation Group unless all
Qualified Plans within the Permissive Aggregation Group continue to meet the
requirements of Code sections 401(a)(4) and 410 with each added Qualified Plan
taken into account.

          (e) If, at any time during the five-year period ending on the
applicable Determination Date, an individual has not performed services for an
Employer or Affiliate maintaining this Plan or a plan that is a part of this
Plan's Aggregation Group, the Interest of such individual is not taken into
account for purposes of this section.

3.04.     Interests Measured

          (a) An individual's Interest in a Defined Contribution Plan is equal
to his Account balance for that plan (according to subsection (b) or (c)) for
the Determination Date and (to the extent not already included in determining
his Account balance) all distributions (excluding amounts attributable to
deductible employee contributions) with respect to that individual from the
Account during the five-year period ending on the Determination Date.

          (b) For purposes of subsection (a), an individual's Account balance in
a Qualified Plan not subject to Code section 412 (that is, a non-pension plan)
is his actual Account balance (excluding amounts attributable to deductible

                                APPENDIX A-III-2
<PAGE>

employee contributions) on the Top-Heavy Valuation Date and all contributions
actually made after the Top-Heavy Valuation Date but on or before the
Determination Date.  However, for such a Qualified Plan's first Plan Year, the
amount determined in the preceding sentence must be added to the amount of any
contributions made after the Determination Date that are allocated as of a date
in that first Plan Year.

          (c) For purposes of subsection (a), an individual's Account balance in
a Defined Contribution Plan that is subject to Code section 412 (that is, a
pension plan) is his actual Account balance (excluding amounts attributable to
deductible employee contributions) on the Top-Heavy Valuation Date, all
contributions due as of the Determination Date (that is, contributions that
would be allocated as of a date not later than the Determination Date, even
though those amounts are not yet required to be contributed), and for the Plan
Year that contains the Determination Date  all amounts actually contributed (or
due to be contributed) after the Top-Heavy Valuation Date but before the
expiration of the extended payment period in Code section 412(c)(10).

          (d) An individual's Interest in a Defined Benefit Plan is equal to the
present value (determined according to subsection (e)) of his Test Accrued
Benefit for that Plan as of the Determination Date and (to the extent not
already included in determining his Test Accrued Benefit) all distributions from
that plan with respect to that individual during the five-year period ending on
the Determination Date.

          (e) The computation of the present value of an individual's Test
Accrued Benefit is governed by this subsection.

              (1) There are no specific prescribed actuarial assumptions that
           must be used for determining the present value of a Test Accrued
           Benefit.  The assumptions used must be reasonable and need not relate
           to the Qualified Plan's actual investment and other experience.  The
           assumptions need not be the same as those used for minimum funding
           purposes or for purposes of determining the actuarial equivalence of
           optional benefits under the plan.  For purposes of this Plan, if a
           Qualified Plan does not specify the actuarial assumptions it uses for
           determining the present value of a Test Accrued Benefit, the
           assumptions used must be those used in the Qualified Plan for
           purposes of determining the actuarial equivalence of optional
           benefits under the plan (or, if no optional benefits are available,
           those used for minimum funding purposes), except that the interest

                                APPENDIX A-III-3
<PAGE>

           assumption must be (as described in Labor Regulation section
           2619.26(c)(2)(iv)) the PBGC interest rate for immediate annuities in
           effect on the Top-Heavy Valuation Date as set forth in Appendix B (as
           amended) to Part 2619 of 29 C.F.R.  If a Qualified Plan specifies the
           actuarial assumptions it uses for determining the present value of
           its Test Accrued Benefit, those assumptions govern for purposes of
           this Plan as to that Qualified Plan's Test Accrued Benefits.

              (2) The present value must be computed using an interest and a
           post-retirement mortality assumption that are consistent with
           paragraph (1).  Pre-retirement mortality and future increases in
           costs of living (but not in the maximum dollar amount permitted by
           Code section 415(d)) may also be assumed.  However, assumptions as to
           future withdrawal or future salary increases may not be used.

              (3) In the case of a Defined Benefit Plan that provides a joint
           and survivor annuity within the meaning of Code sections 401(a)(11)
           and 417 as a normal form of benefit, for purposes of determining the
           present value of the Test Accrued Benefit, the Participant's spouse
           may be assumed to be the same age as the participant.

              (4) Unless a Defined Benefit Plan provides for a nonproportional
           subsidy according to subsection (f), the present value must reflect a
           benefit payable beginning at the Qualified Plan's normal retirement
           age (or attained age, if later).  Benefits not relating to retirement
           benefits, such as pre-retirement death and disability benefits and
           post-retirement medical benefits, must not be taken into account.
           Subsidized early retirement benefits and subsidized benefit options
           must not be taken into account unless they are nonproportional
           subsidies according to subsection (f).

              (5) If a Defined Benefit Plan provides for a nonproportional
           subsidy, the benefit should be assumed to begin at the age at which
           the benefit is most valuable.

              (6) If two or more Defined Benefit Plans are being tested under
           Appendix A section 3.03, the actuarial assumptions used for all

                                APPENDIX A-III-4
<PAGE>

           Qualified Plans within an Aggregation Group must be the same.  If
           paragraph (1) of this subsection would otherwise cause the preceding
           sentence to be violated, the Company must select one Qualified Plan's
           assumptions and use them as adjusted according to the other
           paragraphs in this subsection.

          (f) For purposes of subsection (e), a subsidy is nonproportional
unless the subsidy applies to a group of employees that would independently
satisfy the requirements of Code section 410(b).

3.05.     Treatment of Transfers

          (a) The provisions of this section govern the treatment of plan-to-
plan transfers for purposes of Appendix A sections 3.02 through 3.04.

          (b) For purposes of this section, each Employer and its Affiliates
are treated as the same employer.

          (c) For a plan-to-plan transfer that is both initiated by the employee
and made from a Qualified Plan maintained by one employer to a Qualified Plan
maintained by another employer,

              (1) the Qualified Plan providing the distribution always counts
           the distribution as a distribution under Appendix A sections 3.04(a)
           and (d), and

              (2) the Qualified Plan accepting the transfer does not consider
           it part of an Interest if the transfer was accepted after December
           31, 1983, but it must be considered part of an Interest if the
           transfer was accepted before December 31, 1983.

          (d) For a plan-to-plan transfer that either is not initiated by the
employee or is not made to a Qualified Plan maintained by the same employer, the
Qualified Plan providing the transfer does not count the transfer as a
distribution under Appendix A sections 3.04(a) and (d), and the Qualified Plan
accepting the transfer must count it as part of an Interest, regardless of when
the acceptance occurs.

                                APPENDIX A-III-5
<PAGE>

3.06.     Minimum Benefits for Top-Heavy Plans

          (a) For any Plan Year in which this Plan is a Top-Heavy Plan, the
provisions of this section supersede conflicting Plan provisions regarding
contributions, allocations, and accrual of benefits under the Plan.

          (b) For purposes of this section, all Defined Contribution Plans that
are part of an Aggregation Group with this Plan are treated as one Defined
Contribution Plan, and all Defined Benefit Plans that are part of an Aggregation
Group with this Plan are treated as one Defined Benefit Plan.  According to the
other provisions of this article, the Company may elect to cause the Employers
to satisfy the minimum benefit requirements of this section in this Plan, within
any one or more of the other Qualified Plans in this Plan's Aggregation Group,
or by aggregating amounts from this Plan and one or more of those other
Qualified Plans.

          (c) This subsection applies only when this Plan is not part of an
Aggregation Group.  Each Non-Key Employee with regard to this Plan who is
eligible according to Plan article IV for an allocation from contributions that
an Employer might make must receive the minimum contribution allocation required
by Code section 416(c)(2), as described in subsection (d), if he has not
separated from service at the end of the Plan Year.  In addition, each Non-Key
Employee with regard to this Plan who has not separated from service at the end
of the Plan Year and who has otherwise failed to satisfy this Plan's
requirements according to Plan article IV to be eligible to receive an
allocation (in full or in part) from contributions that an Employer might make
(whether the ineligibility relates to insufficient service during the Plan Year,
absence of required contributions, or insufficient Earnings) must also receive
the Code section 416(c)(2) minimum contribution allocation if he must be
considered for this Plan to satisfy the coverage requirements of Code section
410(b) in accordance with Code section 401(a)(5).

          (d) The minimum allocation required by Code section 416(c)(2) from
this Plan for a Plan Year is equal to a percentage of the individual's Earnings
for the Plan Year.  That percentage is not more than three.  That percentage
otherwise is equal to the percentage equivalent to the highest ratio for the
Plan Year for a Key Employee of this Plan of the sum of the Key Employee's
allocations from contributions (other than deductible employee contributions)
made (or required to be made without regard to waivers granted pursuant to Code
section 412(d)) and  Forfeitures for the Plan Year divided by that Key
Employee's Earnings for the Plan Year.

                                APPENDIX A-III-6
<PAGE>

          (e) This subsection applies only when this Plan is part of an
Aggregation Group that includes only Defined Contribution Plans.  Each Non-Key
Employee with regard to a Qualified Plan that is part of this Plan's Aggregation
Group who is eligible under the Qualified Plan's provisions (other than the
provisions that require Code section 416(c)(2) benefits) for an allocation from
contributions that his employer might make must receive the minimum contribution
allocation required by Code section 416(c)(2), as described in subsection (f) if
he has not separated from service at the end of the Qualified Plan's Plan Year.
In addition, each Non-Key Employee with regard to a Qualified Plan that is part
of this Plan's Aggregation Group who has not separated from service as of the
end of his Qualified Plan's Plan Year and who has otherwise failed to satisfy
his Qualified Plan's requirements (other than the provisions that require Code
section 416(c)(2) benefits) for an allocation (in full or in part) from
contributions that his employer might make (whether the ineligibility relates to
insufficient service during the Plan Year, absence of required contributions, or
insufficient compensation) must also receive the Code section 416(c)(2) minimum
contribution allocation if he must be considered for his Qualified Plan to
satisfy the coverage requirements of Code section 410(b) in accordance with Code
section 401(a)(5).

          (f) For purposes of subsection (e), the minimum allocation required by
Code section 416(c)(2) for a Plan Year is equal to a percentage of the
individual's Earnings for the Plan Year.  That percentage is not more than
three.  That percentage otherwise is equal to the percentage equivalent to the
highest ratio for the Plan Year for a Key Employee of any Qualified Plan within
this Plan's Aggregation Group of the sum of the Key Employee's allocations from
contributions (other than deductible employee contributions) made (or required
to be made without regard to waivers granted pursuant to Code section 412(d))
and forfeitures for the Plan Year divided by that Key Employee's Earnings.  An
individual's minimum benefit described in this subsection that is required from
this Plan for a Plan Year is equal to the full benefit described in this
subsection reduced by the total of all allocations received for the Plan Year
from Employer contributions or from forfeitures from the other Defined
Contribution Plans in this Plan's Aggregation Group.

          (g) This subsection applies only when this Plan is part of an
Aggregation Group that includes a Defined Benefit Plan.

              (1) Each Non-Key Employee with regard to a Defined Contribution
           Plan that is part of this Plan's Aggregation Group who is eligible

                                APPENDIX A-III-7
<PAGE>

           under the Defined Contribution Plan's provisions (other than the
           provisions that require any Code section 416(c) benefits) for an
           allocation from contributions that his employer might make qualifies
           under this paragraph if he has not separated from service at the end
           of the Defined Contribution Plan's Plan Year.  In addition, each Non-
           Key Employee with regard to a Defined Contribution Plan that is part
           of this Plan's Aggregation Group who has not separated from service
           at the end of the Defined Contribution Plan's Plan Year and who has
           otherwise failed to satisfy the Defined Contribution Plan's
           requirements (other than the provisions that require any Code section
           416(c) benefits) for an allocation (in full or in part) from
           contributions that his employer might make (whether the ineligibility
           relates to insufficient service during the Plan Year, absence of
           required contributions, or insufficient compensation) also qualifies
           under this paragraph if he must be considered for the Defined
           Contribution Plan to satisfy the coverage requirements of Code
           section 410(b) in accordance with Code section 401(a)(5).

              (2) Each Non-Key Employee with regard to a Defined Benefit Plan
           that is part of this Plan's Aggregation Group who has at least 1,000
           Hours of Service credited during the Defined Benefit Plan's Plan Year
           (or the plan's specified accrual computation period if that is
           different) or who is credited with equivalent service under Labor
           Regulation section 2530.2006-3 qualifies under this paragraph.  If a
           Defined Benefit Plan that is part of this Plan's Aggregation Group
           does not base accruals on accrual computation periods, its Non-Key
           Employees qualify under this paragraph for all periods of service
           required to be credited for benefit accrual pursuant to Treasury
           Regulation section 1.410(a)-7.  A Non-Key Employee with regard to a
           Defined Benefit Plan that is part of this Plan's Aggregation Group
           does not fail to qualify under this paragraph merely because he was
           not employed on a specified date; he does not fail to qualify because
           he is excluded from participation (or because he accrued no benefit)
           merely because his Earnings are less than a stated amount; and he
           does not fail to qualify because he is excluded from the Defined
           Benefit Plan because of a failure to make mandatory employee
           contributions.

                                APPENDIX A-III-8
<PAGE>

              (3) An individual who qualifies only under paragraph (1) must
           receive the minimum contribution allocation required by Code section
           416(c)(2), as described in subsection (h).

              (4) An individual who qualifies only under paragraph (2) must
           receive the minimum benefit required by Code section 416(c)(1) from
           the Defined Benefit Plan, from one or more other Defined Benefit
           Plans within this Aggregation Group, or from among this Aggregation
           Group's Defined Benefit Plans by applying the authorization described
           in subsection (b).

              (5) An individual who qualifies under both paragraphs (1) and
           (2) must receive the minimum benefit required by Code section 416(c),
           as described in subsection (i).

          (h) For purposes of subsection (g), the minimum allocation required by
Code section 416(c)(2) for a Plan Year is equal to a percentage of the
individual's Earnings for the Plan Year.

              (1) The percentage is three, unless paragraph (3) or (4) applies
           to the Defined Contribution Plan and yields a lower percentage.

              (2) Paragraph (3) does not apply to a Defined Contribution Plan
           included in this Plan's Aggregation Group if that plan enables a
           Defined Benefit Plan included in this Plan's Aggregation Group to
           meet the requirements of Code section 401(a)(4) or Code section 410.

              (3) The percentage is equal to the percentage (if lower than
           three) equivalent to the highest ratio for the Plan Year for a Key
           Employee of any Defined Contribution Plan within this Plan's
           Aggregation Group of the sum of the Key Employee's allocations from
           contributions (other than deductible employee contributions) made (or
           required to be made without regard to waivers granted pursuant to
           Code section 412(d)) and forfeitures for the Plan Year divided by
           that Key Employee's Earnings.

              (4) The alternative lower percentage for a Defined Contribution
           Plan described in paragraph (2) is computed in the same manner as
           described in paragraph (3) except that the dependent Defined Benefit

                                APPENDIX A-III-9
<PAGE>

           Plan's benefits for Key Employees are included in the computation
           after having been converted to equivalent contributions pursuant to
           the procedure prescribed in Revenue Ruling 81-202, 1981-2 C.B. 93.

          (i) Any Employer contributions attributable to salary reductions or
similar arrangements for Key Employees shall be taken into account in
determining a Participant's minimum-benefit entitlement.  Qualified Non-Elective
Contributions shall be taken into account in determining whether that
entitlement of a Non-Key Employee has been satisfied.

          (j) To the extent the minimum allocation otherwise required to be made
under this Plan section and Code section 416(c)(2) to Non-Key Employees for such
Plan Year cannot be made based on Employer contributions attributable to such
Plan Year, Basic Contributions otherwise allocable to Key Employees under Plan
section 4.02 shall be reduced pro-rata based on each such Key Employee's
Compensation to the total Compensation of all Key Employees for such Plan Year
and such amount shall be allocated to Non-Key Employees entitled to share in
such contribution on a pro-rata basis based on each such Non-Key Employee's
Compensation for such Plan Year to the total Compensation of all such Non-Key
Employees for such Plan Year.

3.07.     Aggregate Contribution and Benefit Limitations

          (a) For any Plan Years in which this Plan is a Top-Heavy Plan, the
provisions of this section supersede conflicting Plan provisions regarding
limitations on contribution and benefits under this Plan.

          (b) If an individual is or was a participant in both a Defined-
Benefit-Plan Qualified Plan and a Defined-Contribution-Plan Qualified Plan
maintained by an Employer or a Related Entity, the sum of the fraction described
in paragraph (1) and the fraction described in paragraph (2) for any Limitation
Year may not exceed 1.0.

              (1) For each Participant the fraction's numerator is the
           projected annual benefit under such Defined Benefit Plans (determined
           as of the close of the Limitation Year), and the fraction's
           denominator is the lesser of the denominators in subparagraphs (A)
           and (B).

                               APPENDIX A-III-10
<PAGE>

                   (A) For any Limitation Year beginning with or within a Plan
                Year for which the Plan is a Super Top-Heavy Plan or for which
                the Plan is a Top-Heavy Plan and does not provide any minimum
                benefit required by Code section 416(h)(2), the denominator as
                to any Key Employee is the product of 1.0 multiplied by the
                dollar limitation in effect under Code section 415(b)(1)(A) for
                that year (or the current accrued benefit, if larger).

                   (B) The denominator is the product of 1.4 multiplied by the
                amount that may be taken into account under Code section
                415(b)(1)(B) for that Participant for that year.

              (2) For each Participant, the fraction's numerator is the sum of
           the Annual Additions under such Defined Contribution Plans as of the
           close of the Limitation Year for that and all prior Limitation Years,
           and the fraction's denominator is the sum of the lesser of the
           denominators described in subparagraphs (A) and (B), determined
           separately for that Limitation Year and for each prior Limitation
           Year of his service with an Employer or a Related Entity.

                   (A) For any Limitation Year beginning with or within a Plan
                Year for which the Plan is a Super Top-Heavy Plan or for which
                the Plan is a Top-Heavy Plan and does not provide any minimum
                benefit required by Code section 416(h)(2), the denominator as
                to any Key Employee is the product of 1.25 multiplied by the
                dollar limitation in effect under Code section 415(b)(1)(A) for
                that year.

                   (B) The denominator is the product of 1.4 multiplied by the
                amount that may be taken into account under Code section
                415(c)(1)(B) for that Participant under such plans for that
                year.

          (c) Subsection (b) will not apply with respect to this Plan if the
requirements of subparagraphs (1) and (2) below are met with respect to the
Plan.

                               APPENDIX A-III-11
<PAGE>

              (1) The requirements of this subparagraph are met with respect
           to the Plan (and any plan in this Plan's Required Aggregation Group)
           if this Plan meets the minimum-benefit requirements of Appendix A
           section 3.06 applied by substituting "four percent" for "three
           percent."

              (2) The requirements of this subparagraph are met with respect
           to the Plan if this Plan would not be a Top-Heavy Plan as determined
           under Appendix A section 3.03 if "90 percent" were substituted for
           "60 percent" each place it appear.

          (d) Paragraph 6(B)(i) of Code section 415(e) will be applied by
substituting "$41,500" for "$51,875" if the transition rule described in Code
section 415(e) is available.

                               APPENDIX A-III-12
<PAGE>

                                    EXHIBIT I

                               ADOPTING EMPLOYERS
                               ------------------

                                                       Effective
                                                       ---------

A. T. Massey Coal Company, Inc.                     January 1, 1985

Bandytown Coal Company                               July 17, 1996

Crystal Fuels Company                              December 27, 1993

Eagle Energy Inc.                                    July 15, 1996

Elk Run Coal Company, Inc.                            May 1, 1989

Goals Coal Company                                 October 11, 1994

Green Valley Coal Company                           January 3, 1996

Independence Coal Company, Inc.
  (Salaried and Hourly Employees)

Jack's Branch Coal Company                           May 25, 1994

Long Fork Coal Company
  (Salaried Employees)

Marfork Coal Company                                 July 1, 1994

Martin County Coal Corporation                        May 1, 1989

Massey Coal Services, Inc.                            May 1, 1989

Massey Coal Sales Company, Inc.                       May 1, 1989

Omar Mining Company                                  June 1, 1989

Peerless Eagle Coal Company                           May 1, 1989

Pennsylvania Mine Services, Inc.                      May 1, 1989

Performance Coal Company                            August 22, 1994

Pilgrim Mining Company, Inc.                       September 8, 1993

Rawl Sales & Processing Company                       May 1, 1989

                                  EXHIBIT I-1
<PAGE>

Road Fork Development Company, Inc.                  March 1, 1993

Sidney Coal Company, Inc.                           January 1, 1990
  (Salaried and Hourly Nonunion Employees)

Stirrat Coal Company                                October 4, 1993

Stone Mining Company                               February 21, 1994

Sun Coal Company, Inc.

Support Mining Company (name changed from
   Stability Coal Company on April 24, 1995)        April 21, 1994

Sycamore Fuels, Inc.                               December 21, 1989

Tennessee Consolidated Coal Company                   May 1, 1989

Vantage Mining Company                              April 15, 1996

White Buck Coal Company                             January 3, 1996

Williams Mountain Coal Company                     December 7, 1993
  (Salaried Employees)

Wyomac Coal Company, Inc.                             May 1, 1989

                                   EXHIBIT I-2
<PAGE>

                                   EXHIBIT II

                               INVESTMENT OPTIONS
                               ------------------

Effective January 1, 1996, the following Investment Funds are available under
the Plan:

The Coal Company Money Market Fund is managed by Wachovia Asset Management.
This fund is designed to preserve the capital investment, yield a safe return,
and maintain liquidity.  The fund invests primarily in short-term U.S.
government Treasury bills with three-month, six-month, or one-year maturities.
The Treasury bills are held to maturity at which time the capital investment is
returned to Wachovia and reinvested.  The amount of interest earned on T-bills
is determined by prevailing short-term interest rates.

The Coal Company Fixed Income Fund is managed by Wachovia Asset Management.
This fund invests in intermediate-term securities of the U.S. government and its
agencies, as well as in high-quality corporation bonds.  Typically, securities
in this fund have maturities in ten three- to seven-year range with a maximum
maturity of ten years.

American Balanced Fund is managed by The American Funds Group.  This fund is
designed to invest for long-term growth and income and to protect the capital
investment.  This fund invests in stocks of companies with histories of good
capital growth and above-average dividends, and in high quality corporate bonds
and government bonds.

Fundamental Investors is managed by The American Funds Group.  This fund seeks
long-term growth of capital and income by investing in stock of companies that
have high-quality products and above-average potential for growth in sales,
earnings, and dividends over the long term.

AIM Constellation Fund is managed by AIM Investors, Inc.  This fund seeks
capital appreciation by investing in common stocks, with an emphasis on small
and medium-sized emerging growth companies.

                                  EXHIBIT I-3
<PAGE>

                            Fifth Amendment to the
             Coal Company Salary Deferral and Profit Sharing Plan
               As Amended and Restated Effective January 1, 1994
             -----------------------------------------------------

     FIRST:  Article I is amended, effective February 1, 1998, to add the phrase
"or who is a Consulting Employee" between the word "employer" and the semi-colon
in the first phrase of Plan section 1.18 and to add the following new subsection
(e) to the end of that Plan section:

          (e) For purposes of this Plan section, the term "Consulting Employee"
     means an individual who (i) becomes an employee of an Affiliate that is not
     an Employer, (ii) is engaged in an approved pilot mining or special
     consulting project in any territory of the United States or overseas, (iii)
     was a Participant immediately prior to becoming an employee of such
     Affiliate, and (iv) works for a period of less than one year. The Named
     Fiduciary's Designee shall have full and complete discretion to determine
     if an individual satisfies the requirements of this definition of
     Consulting Employee.

     SECOND: Article I is amended further, effective November 10, 1998, to
insert the following new subsection (b) in Plan section 1.32 and to redesignate
the remaining subsections accordingly:

          (b) an investment advisor not registered under the Investment Advisors
     Act of 1940 by reason of paragraph (1) of section 203A(a) of such Act, but
     which is registered as an investment advisor 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 filed the most recent
     registration form required to maintain its registration under the laws of
     such state, also filed a copy of such form with the Secretary of Labor;

     THIRD: Article III is amended, effective January 1, 1998, to add the phrase
"a specified group of" before the phrase "Unrestricted 401(k) Employees" in Plan
section 3.03(a).

     FOURTH: Article VI is amended, effective January 1, 1999, to add the phrase
"Effective through December 31, 1998" to the beginning of Plan section 6.03(a)
and to insert the following sentence between the first and second sentences
thereof:

     Effective January 1, 1999, $3,500 is replaced with $5,000 in the preceding
     sentence for Participants who terminate on or after January 1, 1999, or
<PAGE>

     former Participants whose vested Account did not exceed $5,000 on January
     1, 1999.

     FIFTH: Article VI is amended further, effective January 1, 1999, to add the
phrase "Effective through December 31, 1998," to the beginning of Plan section
6.03(g) and to add the following sentence to the end thereof:

     Effective January 1, 1999, $3,500 is replaced with $5,000 in the preceding
     sentence with respect to Participants who terminate on or after January 1,
     1999, and with respect to former Participants so that if such vested
     Account does not exceed $5,000 on or after January 1, 1999, such Account
     balance will be distributed in a lump sum as soon as practicable following
     January 1, 1999.

     SIXTH:  Article VI is amended further, effective January 1, 1997, to revise
the last sentence of  Plan section 6.07(c) to read as follows:

     Notwithstanding the preceding, a Participant (other than a five-percent
     owner) who attains age 70 1/2 after January 1, 1996, while still an
     Employee may elect to (i) receive his benefits commencing as early as the
     April 1 of the calendar year following the calendar year in which he
     attains age 70 1/2 or (ii) delay receipt of his benefits to no later than
     his Required Beginning Date.

     SEVENTH: Article VI is amended further, effective January 1, 1997, to add
the following phrase to the end of Plan section 6.08(a)(6):

     , or a SIMPLE IRA plan (as defined in Code section 408(p))

     EIGHTH: Article VI is amended further, effective January 1, 1997, to add
the phrase "Effective through December 31, 1998," to the beginning of Plan
section 6.11(g) and to add the following sentence to the end thereof:

     Effective January 1, 1999, $3,500 is replaced with $5,000 in the preceding
     sentences for Alternate Payees whose QDRO payment is distributable on or
     after January 1, 1999.

     NINTH: Article VI is amended further, effective for distributions made on
or after January 1, 1999, to insert the phrase "effective for distributions made

                                      -2-
<PAGE>

on or after January 1, 1999, any hardship distribution described in Code section
401(k)(2)(B)(i)(IV); and (viii)" after number (vii) in Plan section 6.13(b)(1).

     TENTH: Article VI is amended further, effective January 1, 1998, to revise
Plan section 6.13(d) to read as follows:

          (d) The Plan Administrator shall provide to each Participant who is
     entitled to make an Eligible Rollover Distribution a notice that describes
     the Plan's default distribution procedure in the event the Participant
     fails to make a rollover election and that satisfies Code section 402(f) at
     least 30 but not more than 90 days before the Participant's Annuity
     Starting Date. A Participant may affirmatively elect to waive the minimum
     30-day period, provided that he receives adequate information describing
     his right to a 30-day election period. In the event that a Participant
     fails to make an affirmative election under this Plan section within 30
     days of receiving the notice required by this subsection, the Participant
     shall be deemed to have elected to not have any portion of his Eligible
     Rollover Distribution paid in a Direct Rollover and the provisions of Plan
     section 6.03(g) shall apply.

     ELEVENTH:  Article XII is amended, effective August 5, 1997, to revise Plan
section 12.03 to read as follows:

          No benefit under the Plan shall in any manner be anticipated, assigned
     or alienated and any attempt to do so shall be void; provided however,
     payments shall be made pursuant to (i) a federal tax levy made pursuant to
     Code section 6331, (ii) a judgment in favor of the United States resulting
     from an unpaid tax assessment, (iii) a Qualified Domestic Relations Order,
     or (iv) certain orders or decrees authorizing the settlement of liabilities
     incurred against the Plan by a Participant as allowed by Code section
     401(a)(13).

     TWELFTH:  Appendix A is amended, effective January 1, 1998, (i) to add the
phrase "Effective through December 31, 1997," to the beginning of the last
paragraph of Appendix A, section 1.07, and (ii) to insert the following sentence
between the second and third sentences of the first paragraph of Appendix A
section 1.07:

     Effective for Plan Years beginning on or after January 1, 1998, Earnings
     includes (i) any elective deferral (as defined in Code section 402(g)(3))
     and (ii) any amount that 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 sections 125 or 457.

                                      -3-
<PAGE>

     THIRTEENTH: Appendix A is amended further, effective January 1, 2000, to
add the following subsection to the end of Appendix A section 2.02:

          (c) This Appendix A section does not apply to Limitation Years
     beginning on and after January 1, 2000.
<PAGE>

                             Sixth Amendment to the
              Coal Company Salary Deferral and Profit Sharing Plan
                As Amended and Restated Effective January 1, 1994
             Including Amendments Adopted Through September 1, 1994
             ------------------------------------------------------

     FIRST, Article I is amended, effective July 1, 2001, to add the following
section and to renumber the subsequent sections accordingly:

     1.10.  Common Stock means the Common Stock $0.625 par value, of the Massey
     Energy Company, of which the Company is a wholly-owned subsidiary.

     SECOND, Article VI is amended, effective July 1, 2001, to amend section
6.02 to eliminate the term "cash" from the sentence contained therein.

     THIRD,  Article VI is further amended, effective July 1, 2001, to amend
section 6.03, subsection (f), to eliminate the term "cash" from the sentence
contained therein.

     FOURTH, Article VI further amended, effective July 1, 2001, to add the
following subsection (e) to Plan section 6.04:

          (e) Medium of Payment. Payments under this Plan section will be made
     in cash or, to the extent that a Participant's Account is invested in the
     Massey Stock Fund, the Participant may designate that his investment in the
     Massey Stock Fund be distributed, in whole shares of Common Stock of Massey
     Energy Company and in cash with respect to any fractional share; provided,
     however, if the Participant's total investment in the Massey Stock Fund is
     25 shares of Common Stock or less, such distribution shall be made in cash.

     FIFTH, Article VI is further amended, effective July 1, 2001, to amend
section 6.11, subsection (e), to eliminate the term "cash" from the last
sentence contained therein.

     SIXTH, Article VII is amended, effective July 1, 2001, to amend section
7.02, subsection (b), to eliminate the term "cash" from subsections (b)(1) and
(b)(2).

     SEVENTH, Article VIII is amended, effective July 1, 2001, to add the
following subsection (d) to section 8.02:

          (d) Massey Stock Fund. A Participant's election to invest in the
     Massey Stock Fund will be governed by the terms and conditions set forth in
     Plan section 8.04 below.

     EIGHTH, Article VIII is further amended, effective July 1, 2001, to add the
following new Plan section 8.04.
<PAGE>

8.04  Investments In The Massey Stock Fund

          (a) Effective Date. Effective July 1, 2001, subject to the
     restrictions and procedures set forth in this Plan section, Participants
     elect to invest their Accounts under the Plan in the Massey Stock Fund.

          (b) Fund Composition. The Massey Stock Fund is a pool of assets
     maintained by the Trustee which is invested primarily in Common Stock. The
     Trustee will purchase Common Stock at fair market value in the open market,
     in private transactions, or from authorized but unissued shares. The
     Trustee may maintain part of the Massey Stock Fund in cash or in short-term
     instruments readily convertible into cash pending investment in the Massey
     Stock Fund.

          (c) Restrictions on Future Investment Contributions and Investment
     Crossovers. A Participant's investment election for future contributions of
     Pre-Tax Contributions, Matching Contributions and Qualified Non-Elective
     Contributions and Qualified Matching Contributions, if any, in the Massey
     Stock Fund is limited to no more than 50% of the amount of such future
     contributions. A Participant who elects to make a trustee election with
     respect to the investment of his existing Account balance may elect to
     invest no more than 50% of his existing Account balance in the Massey Stock
     Fund.

          (d) Allocation of Common Stock. Shares of Common Stock purchased by
     the Trustee for investment in the Massey Stock Fund since the preceding
     Valuation Date shall be allocated to each Participant's Account on the
     basis of the ratio of the cash balance of each such Account as of the
     Valuation Date to the total cash balances in all such Accounts at such
     time. Concurrent with the allocation of such purchased shares, the cash
     balance in each Account will be correspondingly reduced based on the
     average purchase price paid by the Trustee for such shares.

             Shares acquired by dividends, stock splits or other such divisions
     shall be allocated to the Participant's Account on the basis of the ratio
     of the number of shares of Common Stock in each such Account as of the
     Valuation Date coincident with or preceding the date of record of such
     dividend, split, or other division, to the total number of shares of Common
     Stock in all separate Accounts at such time.

             The Trustee may, in its sole discretion, maintain in cash such part
     of the assets of the Massey Stock Fund as it deems necessary. The Trustee
     shall retain such records as may be necessary to reflect discretionary
     Matching Contributions, Qualified Non-Elective Matching Contributions and
     Qualified Matching Contributions invested in the Massey Stock Fund, if any,
     and the applicable earnings thereon in order to allow it to comply with
     applicable financial accounting requirements with regard thereto.
<PAGE>

          (e) Investment of Income. Dividends on Common Stock and earnings on
     temporary investments of cash shall be invested in the Massey Stock Fund.

          (f) Tender or Exchange Rights. Each Participant may, to the extent of
     the number of shares of Common Stock he maintains in his Account as of the
     Valuation Date coincident with or next preceding the record date, direct
     the Trustee in writing as to the manner in which to respond to a tender or
     exchange offer with respect to such shares. The Trustee shall respond in
     accordance with the instructions so received. The Trustee shall distribute
     or cause to be distributed to each Participant such information as will be
     distributed to Massey Energy Company stockholders in connection with any
     such tender or exchange offer, together with a form requesting the
     Participant's confidential instructions on whether or not such shares will
     be tendered or exchanged. If the Trustee shall not receive timely direction
     from a Participant as to the manner in which to respond to such a tender or
     exchange offer, the Trustee shall not tender or exchange any shares for
     which the Participant has the right of direction.

             In the event of a tender or exchange offer for Common Stock, shares
     of such Common Stock held by the Trustee attributable of a Participant but
     not yet credited to his Account as of the Valuation Date coincident with or
     next preceding the record date shall be tendered or exchanged by the
     Trustee proportionally in the same manner as are shares tendered or
     exchanged with respect to which Participants have the right of direction.

             Cash proceeds received in a tender or exchange of shares of Common
     Stock held in the Massey Stock Fund pursuant to this section shall be
     invested in the Coal Company Money Market Fund. Non-cash proceeds received
     in a tender or exchange pursuant to this section will continue to be
     invested in the securities or other property received in the tender or
     exchange.

          (g) Voting Rights. All voting rights with respect to securities in the
     respective investments shall be exercised by the Trustee or by such proxies
     as the Trustee may select; provided that when and to the extent voting
     rights may be exercised by holders of the Common Stock, the Company will
     cause to be mailed to each Participant who has a portion of his account
     invested in the Massey Stock Fund copies of the same proxy material as is
     sent to the stockholders of Massey Energy Company, with the request that
     the Participant give voting instructions to the Trustee with respect to the
     number of shares of Common Stock in his Account as of the Valuation Date
     coincident with or next preceding the record date of such stockholder
     meeting. When instructions are received, the Trustee shall vote such shares
     in accordance therewith. In the absence of receipt of such instructions,
     the Trustee shall have no obligation to vote such shares except to the
     extent the failure to vote the shares would be inconsistent with the
     Trustee's fiduciary duty under ERISA. Except as provided in the paragraph
     above entitled "Tender and Exchange Rights," all other rights of legal
     ownership with respect to securities in the respective investments shall be
     exercised by the Trustee.

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