Document:

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                                                                   Exhibit 10-45

                               DTE ENERGY COMPANY

                      EXECUTIVE DEFERRED COMPENSATION PLAN

                            Effective January 1, 2002

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                               TABLE OF CONTENTS

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                                                                                                          Page
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   SECTION      PREAMBLE.....................................................................................1
                --------

   SECTION 1.   TITLE, PURPOSE AND EFFECTIVE DATE............................................................1
     1.01.      Title........................................................................................1
     1.02.      Purpose......................................................................................1
     1.03.      Effective Date...............................................................................1

   SECTION 2.   DEFINITIONS..................................................................................2
     2.01.      Account......................................................................................2
     2.02.      Affiliated Company...........................................................................2
     2.03.      Annual Cash Bonus............................................................................2
     2.04.      Base Salary..................................................................................2
     2.05.      Beneficiary..................................................................................2
     2.06.      Board........................................................................................2
     2.07.      Cash Balance Plan............................................................................2
     2.08.      Cash Compensation............................................................................2
     2.09.      Code.........................................................................................3
     2.10.      Committee....................................................................................3
     2.11.      Company......................................................................................3
     2.12.      Company's Accountants........................................................................3
     2.13.      Company's Actuaries..........................................................................3
     2.14.      Contribution Subaccount......................................................................3
     2.15.      Deferral Election............................................................................3
     2.16.      Deferral Period..............................................................................3
     2.17.      Deferral Year................................................................................3
     2.18.      Deferral Year Subaccount.....................................................................4
     2.19.      DTE..........................................................................................4
     2.20.      DTE Stock....................................................................................4
     2.21.      Eligible Employee............................................................................4
     2.22.      ERISA........................................................................................4
     2.23.      Fair Market Value............................................................................4
     2.24.      FICA.........................................................................................4
     2.25.      Participant..................................................................................4
     2.26       Participating Affiliated Employer............................................................4
     2.27.      Pension Plan.................................................................................4
     2.28.      Performance Share Award......................................................................4
     2.29.      Plan.........................................................................................4
     2.30.      Plan Year....................................................................................5
     2.31.      Prior Plan...................................................................................5
     2.32.      Qualified Plan...............................................................................5
     2.33.      Savings Plan.................................................................................5
     2.34.      SIP..........................................................................................5
     2.35.      Spouse.......................................................................................5
     2.36.      Subsidiary...................................................................................5

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   SECTION 3.   ELIGIBILITY AND PARTICIPATION................................................................5
     3.01.      Voluntary Participation by Eligible Employees................................................5
     3.02.      Mandatory Participation by Covered Employees.................................................6

   SECTION 4.   DEFERRALS AND CONTRIBUTIONS..................................................................6
     4.01.      Deferral of Performance Share Awards.........................................................6
     4.02.      Deferral of Base Salary......................................................................7
     4.03.      Deferral of Annual Cash Bonus................................................................7
     4.04.      Restoration of Qualified Plan Benefits.......................................................7
     4.05.      Mandatory Deferral...........................................................................8
     4.06.      Deferral of Prior Plan Balances..............................................................8

   SECTION 5.   ACCOUNTS AND EARNINGS........................................................................8
     5.01.      Establishment of Accounts....................................................................8
     5.02.      Contribution Subaccounts.....................................................................9
     5.03.      Election of Investment Options..............................................................10
     5.04.      No Requirement to Fund......................................................................10

   SECTION 6.   FORM AND TIMING OF PAYMENT..................................................................10
     6.01.      Distribution of Contribution Subaccount.....................................................10
     6.02.      Form of Distributions.......................................................................11
     6.03.      Change In Distribution Option...............................................................11
     6.04.      Hardship Withdrawals........................................................................11
     6.05.      Unscheduled Withdrawals.....................................................................12
     6.06.      Revocation of Designation as an Eligible Employee...........................................12
     6.07.      Distribution of Performance-Based Compensation..............................................12

   SECTION 7.   SELECTION OF AND PAYMENTS TO A BENEFICIARY..................................................13
     7.01.      Beneficiary Designation.....................................................................13
     7.02.      Change in Beneficiary.......................................................................13
     7.03.      Survivor Benefit............................................................................13

   SECTION 8.   VESTING OF BENEFITS.........................................................................13

   SECTION 9.   TAX WITHHOLDING.............................................................................13

   SECTION 10.  ADMINISTRATION OF THE PLAN..................................................................13
     10.01.     Duties and Power............................................................................13
     10.02.     Benefit Statements..........................................................................14
     10.03.     Right to Accelerate.........................................................................14
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   SECTION 11.  AMENDMENT, SUSPENSION, AND TERMINATION......................................................14
     11.01.     Right to Amend or Terminate.................................................................14
     11.02.     Right to Suspend............................................................................14
     11.03.     Partial ERISA Exemption.....................................................................14

   SECTION 12.  MISCELLANEOUS...............................................................................15
     12.01.     Unfunded Plan...............................................................................15
     12.02.     No Right to Continued Employment............................................................15
     12.03.     Prohibition Against Alienation..............................................................15
     12.04.     Savings Clause..............................................................................15
     12.05.     Payment of Benefit of Incompetent...........................................................15
     12.06.     Spouse's Interest...........................................................................16
     12.07.     Successors..................................................................................16
     12.08.     Gender, Number and Heading..................................................................16
     12.09.     Legal Fees and Expenses.....................................................................16
     12.10.     Choice of Law...............................................................................16
     12.11.     Affiliated Employees........................................................................16
     12.12.     Plan Document...............................................................................16

   SECTION 13.  ARBITRATION.................................................................................17

   SECTION 14.  CHANGE IN CONTROL PROVISIONS................................................................18
     14.01.     General.....................................................................................18
     14.02.     Transfer to Rabbi Trust.....................................................................18
     14.03.     Lump Sum Payments...........................................................................18
     14.04.     Joint and Several Liability.................................................................18
     14.05.     Dispute Procedures..........................................................................19
     14.06.     Definition of Change in Control.............................................................19
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                               DTE ENERGY COMPANY
                      EXECUTIVE DEFERRED COMPENSATION PLAN
                            Effective January 1, 2002

                                    PREAMBLE

         Benefits under the Plan are available to eligible executives and key
management employees of DTE Energy Company and its Affiliated Companies. DTE
Energy Company has established this Plan to benefit executives of DTE Energy
Company and its Affiliated Companies in a manner that will be in the best
interest of DTE Energy Company and its shareholders.

                                   SECTION 1.
                        TITLE, PURPOSE AND EFFECTIVE DATE

         1.01. Title. The title of this Plan shall be the "DTE Energy Company
Executive Deferred Compensation Plan" and shall be referred to in this document
as the "Plan."

         1.02. Purpose. The purpose of the Plan is to promote the success of DTE
Energy Company (hereinafter referred to as "DTE") by:

         (a)   providing selected executives with the ability to defer
               compensation on a pre-tax basis to provide supplemental
               retirement savings;

         (b)   providing a mechanism for selected executives to receive benefits
               that they otherwise would have received under certain qualified
               retirement plans but for their deferral elections;

         (c)   providing executives participating in the DTE Energy Company 2001
               Stock Incentive Plan ("SIP") with a mechanism for deferring
               receipt of Performance Share Awards otherwise payable in cash
               under the SIP; and

         (d)   permitting the Organization and Compensation Committee of the
               Board, or its designee, to require deferrals of compensation to
               the extent desirable to satisfy the deduction limitations of Code
               section 162(m).

               It is intended that this Plan provide deferred compensation for
"a select group of management or highly compensated employees" within the
meaning of sections 201, 301 and 401 of the Employee Retirement Income Security
Act of 1974, as amended (hereinafter referred to as "ERISA") and, therefore, to
be exempt from the provisions of Parts 2, 3 and 4 of Title I of ERISA.

         1.03. Effective Date. The Plan shall be effective January 1, 2002.

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                                   SECTION 2.
                                  DEFINITIONS

         The following words and terms, as used in this Plan, shall have the
meanings set forth below, unless a clearly different meaning is required by the
context in which the word or phrase is used.

         2.01. Account. "Account" means the hypothetical record or bookkeeping
entry maintained by the Company reflecting each Participant's deferrals,
credited earnings and losses, Company contributions, transfers from a Prior Plan
and distributions under the Plan. The term "Account" should not be construed as
an actual segregation of assets for the benefit of any particular Participant.

         2.02. Affiliated Company. "Affiliated Company" means any corporation
while such corporation is a member of the same controlled group of corporations
(within the meaning of Code section 414(b)) as DTE or any other employing entity
while such entity is under common control (within the meaning of Code section
414(c)) with DTE.

         2.03. Annual Cash Bonus. "Annual Cash Bonus" means the cash
compensation payable in the Plan Year under the DTE Energy Company Annual
Incentive Plan, or any successor plan thereto, after reduction for (i) any
pre-tax deferrals under Code section 401(k), and (ii) any payroll deduction for
taxes or any other purpose.

         2.04. Base Salary. "Base Salary" means base salary payable after
reduction for any pre-tax deferrals under Code sections 125, 129 or 401(k) but
prior to reduction for any payroll deduction for taxes or any other purpose.
"Base Salary" shall exclude any bonus, fringe benefit or other form of
remuneration.

         2.05. Beneficiary. "Beneficiary" means the person, persons or entity
designated in writing by the Participant, on forms provided by the Company, to
receive distribution of certain death benefits payable under the Plan in the
event of the Participant's death.

         2.06. Board. "Board" means the Board of Directors of DTE.

         2.07. Cash Balance Plan. "Cash Balance Plan" means any cash balance
defined benefit plan maintained by the Company or an Affiliated Company which is
intended to be qualified under Code section 401(a); provided, however, that the
Traditional Option of the MCN Energy Group Retirement Plan shall be included in
the definition of "Pension Plan," and not in the definition of "Cash Balance
Plan".

         2.08. Cash Compensation. "Cash Compensation" means the Base Salary,
Annual Cash Bonus, or other cash payments (other than Performance Share Awards
payable in cash) payable to a Participant.

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         2.09. Code. "Code" means the Internal Revenue Code of 1986, as amended,
and any regulations issued thereunder. References to any section or subsection
of the Code includes reference to any comparable or succeeding provisions of any
legislation which amends, supplements or replaces such section or subsection.

         2.10. Committee. "Committee" means the Organization and Compensation
Committee of the Board. The Committee is responsible for the administration of
the Plan and may delegate such administrative responsibilities under this Plan.

         2.11. Company. "Company" means DTE Energy Company or its successors and
assigns.

         2.12. Company's Accountants. "Company's Accountants" means the
independent accountant or accountants engaged by the Company and, if selected or
changed following a Change in Control, approved by the trustee of the trust
established in accordance with Section 14.

         2.13. Company's Actuaries. "Company's Actuaries" means the independent
actuary or actuaries engaged by the Company and, if selected or changed
following a Change in Control, approved by the trustee of the trust established
in accordance with Section 14.

         2.14. Contribution Subaccount. "Contribution Subaccount" means the
hypothetical bookkeeping record maintained by the Company to track the various
allocations to the Participant's Account. For purposes of this Plan, the balance
in each Account shall be allocated among the Annual Cash Bonus Subaccount, the
Base Salary Subaccount, the Prior Plans Subaccount, the Qualified Plan Make-up
Subaccount, and the Mandatory Deferral Subaccount (collectively, known as the
Contribution Subaccounts) as defined in Section 5 herein.

         2.15. Deferral Election. "Deferral Election" means the deferral
agreement described in 3.01(c) of the Plan.

         2.16. Deferral Period. "Deferral Period" means, with respect to each
Deferral Year Subaccount, the period beginning with the first day of the
Deferral Year and ending upon the date the Participant elected to receive or
begin receiving a distribution of his such entire Deferral Year Subaccount under
the Plan. The minimum length of time for a Deferral Period shall be two (2)
years or the period from the first day of the Deferral Year through the date of
the Participant's termination for any reason, whichever is earlier. The Deferral
Period for the Mandatory Deferral Subaccount shall be through the date on which
the Participant ceases to be a "covered employee" as that term is defined in
Code section 162(m)(3).

         2.17. Deferral Year. "Deferral Year" means the period during which
compensation subject to a Participant's Deferral Election would have been paid
in the absence of the Deferral Election. Generally, the Deferral Year will be
the Plan Year. Where a Participant first becomes eligible to participate during
a Plan Year, however, the Deferral Year begins upon the effective date of the
Participant's initial Deferral Election.

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         2.18. Deferral Year Subaccount. "Deferral Year Subaccount" means the
bookkeeping record maintained by the Company to separately track the allocations
for each Deferral Year to each of the Participant's Contribution Subaccounts.

         2.19. DTE. "DTE" means DTE Energy Company or its successors and
assigns.

         2.20. DTE Stock. "DTE Stock" means the common stock of DTE.

         2.21. Eligible Employee. "Eligible Employee" means any employee of the
Company who satisfies the eligibility requirements of Section 3 of the Plan.

         2.22. ERISA. "ERISA" means the Employee Retirement Income Security Act
of 1974, as amended, and any regulations issued thereunder. References to any
section or subsection of ERISA includes references to any comparable or
succeeding provisions of any legislation which amends, supplements or replaces
such section or subsection.

         2.23. Fair Market Value. "Fair Market Value" on a given date means the
average of the high and low sale price for DTE Stock on that date (or, if there
were no such sales on that date, on the next most recent prior date on which
there were such sales) as reported on the Composite Tape if the DTE Stock is
listed on the New York Stock Exchange ("NYSE").

         2.24. FICA. "FICA" means the tax applied under the Federal Insurance
Contributions Act as set forth in Chapter 21, Subtitle C, of the Code, and any
regulations issued thereunder.

         2.25. Participant. "Participant" means an Eligible Employee who has
made a written election on a properly executed Deferral Election to participate
in the Plan.

         2.26. Participating Affiliated Company. "Participating Affiliated
Company" means any Affiliated Company as defined in Section 2.02 who has elected
to participate in the Plan.

         2.27 Pension Plan. "Pension Plan" means any defined benefit plan
maintained by the Company or an Affiliated Company, which is intended to be
qualified under Code section 401(a). "Pension Plan" includes the Traditional
Option of the MCN Energy Group Retirement Plan, but cash balance defined benefit
plans shall otherwise be included in the definition of "Cash Balance Plan," and
not in the definition of "Pension Plan."

         2.28 Performance Share Award. "Performance Share Award" means the award
under the SIP, which before the beginning of the Deferral Period is determined
to be otherwise payable in cash.

         2.29. Plan. "Plan" means the DTE Energy Company Executive Deferred
Compensation Plan, as described herein and as amended.

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         2.30. Plan Year. "Plan Year" means, for the first year, the period
beginning January 1, 2002, and ending December 31, 2002, and thereafter, the
period beginning January 1 and ending December 31 of each year.

         2.31. Prior Plan. "Prior Plan" means the MCN Energy Group Executive
Deferred Compensation Plan and/or the DTE Deferred Bonus Plan.

         2.32. Qualified Plan. "Qualified Plan" means any plan maintained by the
Company or an Affiliated Company, which is intended to be qualified under Code
section 401(a).

         2.33. Savings Plan. "Savings Plan" means any defined contribution plan
maintained by the Company or an Affiliated Company, which is intended to be
qualified under Code section 401(a).

         2.34. SIP. "SIP" means the DTE Energy 2001 Stock Incentive Plan as
amended from time to time.

         2.35. Spouse. "Spouse" means an individual who is legally married to a
Participant under the laws of the State in which the Participant resides, on the
day immediately preceding the Participant's date of death.

         2.36. Subsidiary. "Subsidiary" means a corporation, partnership, joint
venture, limited liability company, unincorporated association or other entity
in which the Company has a direct or indirect ownership or other equity
interest.

                                   SECTION 3.
                          ELIGIBILITY AND PARTICIPATION

         3.01. Voluntary Participation by Eligible Employees. Each employee of
the Company and Participating Affiliated Companies who is included within a
"select group of management or highly compensated employees," within the meaning
of Title I of ERISA, may be eligible to participate in accordance with the terms
of the Plan.

               (a) Effective Date for Participation. Each employee of the
Company and Participating Affiliated Companies who is employed at the level of
Director or above (or equivalent) and who is designated as an Eligible Employee
shall be eligible to participate in the Plan and make voluntary elections to
defer receipt of Cash Compensation and/or Performance Share Awards, effective as
of the later of (i) the date determined by the Vice President, Human Resources,
or (ii) the date on which the employee is formally notified of his eligibility
to participate.

               (b) Determination of Eligible Employee Status. The Vice
President, Human Resources shall designate employees as Eligible Employees. The
Vice President, Human Resources may revoke such designation prior to any Plan
Year with respect to the Eligible

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Employee's ability to defer future compensation payable by the Company or
Participating Affiliated Company, provided, however, that no such revocation
shall adversely affect any amounts previously deferred by such Eligible Employee
under the Plan. Employees who were employed at the level of Director at MCN
Energy Group Inc. or one of its subsidiaries prior to June 1, 2001, but were not
appointed to a level of Director or above in the Staffing and Selection process
during the second quarter of 2001 shall be eligible to participate for the 2002
Plan year only; unless or until they are otherwise designated as Eligible
Employees.

               (c) Deferral Election. The Company shall provide a Deferral
Election to each Eligible Employee for each Plan Year in which deferrals are to
be made, which shall set forth the Eligible Employee's election to defer a
portion of his compensation, his agreement to be bound by the terms of the Plan,
and such other matters as are set forth in this Plan or deemed advisable by the
Committee. For each Deferral Year Subaccount, including such subaccounts, if
any, under the Qualified Plan Make-up Subaccount, the Participant shall specify
in the Deferral Election a Deferral Period of at least two (2) years and the
method and timing of payment as described in Section 6. Failure to submit an
election for any Plan Year will preclude such Eligible Employee from deferring
any Cash Compensation or Performance Share Awards until the following Plan Year.

               (d) Mid-Year Participation. To the extent an employee is
designated as an Eligible Employee, and formally notified of his eligibility to
participate in the Plan during a Plan Year, the Eligible Employee must elect to
participate within 30 days after the Participant is notified of his eligibility
for the Plan. Failure to submit an election during such 30-day period will
preclude such Eligible Employee from deferring any compensation or Performance
Share Awards until the following Plan Year.

         3.02. Mandatory Participation by Covered Employees. The Organization
and Compensation Committee of the Board, or its designee, may require the
deferral of compensation of any Eligible Employee who is a "covered employee" as
defined in Code section 162(m)(3) and the regulations thereunder, to the extent
that such compensation would not have been deductible in the year in which such
compensation would have been paid.

                                   SECTION 4.
                           DEFERRALS AND CONTRIBUTIONS

         4.01. Deferral of Performance Share Awards.

               (a) Election To Defer. Each Eligible Employee may elect, no later
than October 331 of the year preceding the Plan Year in which Performance Shares
would otherwise be payable, to defer receipt of all or a portion of a
Performance Share Award otherwise payable in cash by filing with the Vice
President, Human Resources the Deferral Election provided by the Company.

                                       6

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               (b) Deferral Amount. Each Eligible Employee may file a written
election to defer the receipt of a portion of a Performance Share Award in an
amount not (i) less than one percent (1%), nor (ii) in excess of one hundred
percent (100%), less the applicable FICA on such amount, in one percent (1%)
increments, of the Performance Share Award otherwise payable in cash.

         4.02. Deferral of Base Salary.

               (a) Election To Defer. Each Eligible Employee may file a written
election with the Vice President, Human Resources, no later than October 31 of
the year preceding the Plan Year in which Base Salary would otherwise be
payable, to defer receipt of a portion of his Base Salary.

               (b) Deferral Amount. Each Eligible Employee may file a written
election to defer the receipt of Base Salary in an amount not (i) less than one
percent (1%), nor (ii) in excess of one hundred percent (100%), in one percent
(1%) increments, less the applicable FICA on such amount, of the amounts payable
during the Plan Year to which the election pertains.

         4.03. Deferral of Annual Cash Bonus.

               (a) Election To Defer. Each Eligible Employee may file a written
election with the Vice President, Human Resources, no later than October 31 of
the year preceding the Plan Year in which his Annual Cash Bonus otherwise would
be payable, to defer receipt of all or a portion of his Annual Cash Bonus.

               (b) Deferral Amount. Each Eligible Employee may file a written
election to defer the receipt of his Annual Cash Bonus in an amount not (i) less
than one percent (1%), nor (ii) in excess of one hundred percent (100%), in one
percent (1%) increments, less the applicable FICA on such amount, of the amounts
payable during the Plan Year to which the election pertains.

         4.04. Restoration of Qualified Plan Benefits. The Company shall credit,
as set forth in Sections 4.04(a) through (e), each Participant's Qualified Plan
Make-up Subaccount with amounts intended to replace Qualified Plan benefits (but
not earnings) which are reduced as a result of any deferrals under Sections
4.01, 4.02, or 4.03 of this Plan.

               (a) Savings Plan Make-up. The Company shall credit to the
Participant's Qualified Plan Make-up Subaccount, on the last business day of
each month, an additional benefit equal to the amount of any Company matching
contributions that would have been otherwise credited to the Participant's
account under the terms of a Savings Plan but for the Participant's election to
defer any amount under the Plan.

               (b) Pension Plan Make-Up. The Company shall credit to the
Participant's Qualified Plan Make-up Subaccount, as of the date of the
Participant's termination of employment, an amount equal to the difference
between (i) the present value, determined under

                                       7

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each applicable Pension Plan, of the benefit that the Participant would have
been entitled to receive under each such Pension Plan but for his election to
defer any amount under the Plan, and (ii) the present value, determined under
each such Pension Plan, of the benefit that the Participant is entitled to
receive under such Pension Plan. Such contribution shall be determined and
credited as of the date of termination of employment.

               (c) Cash Balance Plan Make-Up. The Company shall credit to the
Participant's Qualified Plan Make-up Subaccount, as of the last business day of
each calendar year, an amount equal to the additional increment that would have
been added to the Participant's account under a Cash Balance Plan but for his
having elected to defer any amount under the Plan. Such contribution shall be
determined and credited as of the last day of the calendar year.

         4.05. Mandatory Deferral. The Company shall credit to the Participant's
Mandatory Deferral Subaccount, on the date on which such compensation would
otherwise have been payable, amounts which would have been nondeductible under
Code section 162(m) on the date on which such compensation would otherwise be
payable. The Deferral Period for the Mandatory Deferral Subaccount shall be
through the date on which the Participant ceases to be a "covered employee" as
that term is defined in Code section 162(m)(3). Any amounts in the Mandatory
Deferral Subaccount shall be paid in the form of a lump sum.

         4.06. Deferral of Prior Plan Balances.

               (a) Automatic Transfer. The Company shall credit to each Eligible
Employee's Prior Plan Subaccount as of January 1, 2002 the amount credited to
the Eligible Employee under the Prior Plan as of December 31, 2001.

               (b) Election of Deferral Period. Each Eligible Employee whose
balance in a Prior Plan is transferred to this Plan pursuant to subsection (a)
shall file a written election with the Vice President, Human Resources, no later
than October 31, 2001, specifying a Deferral Period of at least two (2) years
and the method and timing of payment as described in Section 6. If such Eligible
Employee fails to submit an election on or before October 31, 2001, the Prior
Plan Account shall be paid in a lump sum upon termination of employment. Amounts
in pay status under the MCN Energy Group Executive Deferred Compensation Play as
of December 31, 2001, shall be payable on an annual basis, in arrears, rather
than on a monthly basis, effective January 1, 2002.

                                   SECTION 5.
                              ACCOUNTS AND EARNINGS

         5.01. Establishment of Accounts. The Committee shall establish a
hypothetical bookkeeping Account for each Participant. Each Participant's
Account shall be divided into one or more Contribution Subaccounts:

               (a) For Participants deferring Base Salary, a "Base Salary
Subaccount,"

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               (b) For Participants deferring Annual Cash Bonus, an "Annual Cash
Bonus Subaccount,"

               (c) For Participants whose Qualified Plan benefits are reduced
because of their participation in this Plan, a "Qualified Plan Make-up
Subaccount,"

               (d) For Participants deferring Performance Share Awards payable
in cash, a "Performance Share Subaccount,"

               (e) For Participants whose compensation would otherwise be
nondeductible under Code section 162(m), a "Mandatory Deferral Subaccount," and

               (f) For Participants whose balance from a Prior Plan has been
transferred to this Plan, a "Prior Plan Subaccount."

               In addition, each Contribution Subaccount shall be divided into
one or more Deferral Year Subaccounts, based on the Deferral Year of the
contributions allocated to such Contribution Subaccount. The Qualified Plan
Make-up Subaccount shall be divided into one or more Deferral Year Subaccounts,
based on the Deferral Year in which contributions were allocated to such
Contribution Subaccounts. The Prior Plan Subaccount shall be deemed to consist
of one Deferral Year only.

         5.02. Contribution Subaccounts.

               (a) Establishment of Contribution Subaccounts. A Participant's
Contribution Subaccount shall be denominated on a monetary basis. The Committee
shall cause each separate Contribution Subaccount to be maintained in the name
of each Participant with respect to whom all or a portion of Base Salary or
Annual Cash Bonus, Performance Share Awards has been deferred, whose Qualified
Plan benefits have been reduced because of his participation in this Plan, whose
compensation has been mandatorily deferred because of Code section 162(m), or
whose Prior Plan Balance has been transferred to this Plan.

               (b) Subsequent Credits. Each Participant's Contribution
Subaccount shall be credited with amounts of Cash Compensation deferred by the
Participant and by the Company contributions specified in Section 4.04, 4.05 and
4.06. Cash Compensation deferrals shall be credited on the date such amounts
would have otherwise been paid to the Participant. Company contributions shall
be credited on the dates specified in Section 4.04, 4.05 or 4.06.

               (c) Contribution Subaccounts Adjustments. Each Contribution
Subaccount for any Participant shall be credited with earnings and debited for
losses as if such amounts were invested in specific investment funds that
reflect, as of a given date, the funds established under The Detroit Edison
Savings and Investment Plan (the "Deemed Investments") in which the
Participant's new contributions are invested by percentage, taking into account
changes among such Deemed Investments made by the Participant, during the
Deferral Period. Notwithstanding

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the foregoing, the Committee may change available investment funds or override a
Participant's investment election at any time.

         5.03. Election of Investment Options. Each Participant shall, by filing
an election with the Committee, in a format approved by the Committee, elect the
investment options in which each deferral amount is to be invested. Investment
options available under the Plan and the ability to change such investment
election shall mirror those available under the Qualified Plan, however, may be
changed at the discretion of the Committee.

         5.04. No Requirement to Fund. The Company shall have sole discretion
whether or not to invest any of the Company's funds (whether or not in trust) in
a manner that reflects the Deemed Investments or in any other manner. If and to
the extent the Company chooses to invest in any Deemed Investment, assets
acquired by the Company shall remain the sole property of the Company, subject
to the claims of its general creditors, and shall not be deemed to form part of
the Participant's Account. Nothing herein, however, shall preclude the Company
from segregating assets that are intended to be a source of payment of benefits
from the Plan. The Company shall not be required to fund its obligations in any
manner and shall not be required to invest in any particular investment,
including any Deemed Investment fund. The Company may, without limitation,
purchase life insurance or any security or other property with respect to any or
all of its obligations under the Plan. Participants shall have no right, title
or interest in any assets held by the Company (or any trust) by reason of a
Participant's participation in this Plan.

                                   SECTION 6.
                           FORM AND TIMING OF PAYMENT

         6.01. Distribution of Contribution Subaccount. The Company shall
distribute each Participant's Contribution Subaccount in accordance with the
Participant's Deferral Election unless the Plan provides otherwise. The
distribution election with respect to each Deferral Year Subaccount under the
Participant's Contribution Subaccount shall be made in accordance with the
following provisions.

               (a) Payment Election. Such Deferral Election shall provide for
payment in either (i) annual installments over a period not less than one year
and not more than 15 years, in one-year increments, or (ii) a lump sum
distribution. If no Deferral Election is on file with respect to the Deferral
Year Subaccount or no distribution option is indicated on the Deferral Election,
the Participant's Deferral Year Subaccount shall be distributed in a single lump
sum.

               (b) Timing of Distributions. A lump sum distribution shall be
made as of March 1 following the end of the Deferral Period or, if earlier,
March 1 following the end of the Plan Year in which the Participant's employment
terminated for any reason other than death. If a Participant has elected to
receive his distribution in annual installments, the first installment shall be
made as of March 1 following the end of the Deferral Period or, if earlier,
March 1 following the end of the Plan Year in which the Participant's employment
terminated for any reason other

                                       10

<PAGE>

than death. All subsequent annual installments shall be made on approximately
the same date each calendar year thereafter for the remainder of the
distribution period. If no Deferral Election is on file with respect to the
Deferral Year Subaccount or no distribution option is indicated on the Deferral
Election, the Participant's Deferral Year Subaccount shall be distributed as of
March 1 following the end of the Plan Year in which the Participant's employment
is terminated for any reason other than death. Timing of a distribution due to a
Participant's death shall be governed by Section 7.02.

         6.02. Form of Distributions.

               (a) Contribution Subaccounts. Earnings and losses based on the
Deemed Investments shall be credited to each Deferral Year Subaccount under the
Participant's Contribution Subaccount through December 31 of each Plan Year in
which the Participant has a balance in such Deferral Year Subaccount. The
distribution to a Participant shall be paid in cash. The initial distribution
shall be determined by dividing the value of the Participant's Contribution
Subaccount, determined as of (i) December 31 of the last Plan Year ending with
or within the Deferral Period or, if earlier, on (ii) December 31 of the Plan
Year in which the Participant's employment terminated, by the number of
installment payments to be made. The amount distributed to the Participant
thereafter shall be recalculated each year to reflect changes in the Deferral
Year Subaccount balance through December 31 of such subsequent calendar year and
the remaining number of installment payments to be made.

               (b) Distribution of Small Amounts. Notwithstanding a
Participant's payment option, if a Participant's Contribution Subaccount is less
than or equal to $10,000 as of any March 1 payment date, the Participant's
Contribution Subaccount balance shall be paid in a single lump sum.

         6.03. Change In Distribution Option. A Participant may change the
distribution option previously selected for a particular Deferral Year
Subaccount at any time by submitting a revised Deferral Election applicable to
such Deferral Year Subaccount to the Committee. A change in time or manner of
any distribution, however, shall be effective only if the Vice President, Human
Resources receives the revised Deferral Election at least 12 full months before
distributions under the Plan related to that Deferral Year Subaccount commence
under either Deferral Election and approves such election. Any change received
by the Vice President, Human Resources less than 12 months prior to the date the
distribution would otherwise commence shall post-pone any distribution from the
Plan until the next March 1 which is 12 months or more after the change in
election option is received by the Vice President, Human Resources.

         6.04. Hardship Withdrawals. At any time prior to the complete
distribution of a Participant's Account, a Participant may request that the Vice
President, Human Resources make a distribution to him of all or part of his
remaining Account within 120 days. Such distribution shall be made only if the
Vice President, Human Resources determines that the Participant has an
unforeseen emergency that constitutes a severe financial hardship to the
Participant resulting from a sudden and unexpected illness or accident of the
Participant or of a dependent (as defined in Code section 152(a)) of the
Participant, loss of the Participant's property due to casualty, or

                                       11

<PAGE>

other similar extraordinary and unforeseeable circumstances arising as a result
of events beyond the control of the Participant. Payment may not be made to the
extent that such hardship is or may be relieved through reimbursement or
compensation by insurance or otherwise by liquidation of the Participant's
assets, to the extent the liquidation of such assets would not itself cause
severe financial hardship or by cessation of deferrals under the Plan. The
distribution shall be limited to the amount required to meet the financial
hardship. In making these determinations, the Vice President, Human Resources
shall utilize the regulations proposed or adopted under Code section 457.
Hardship distributions shall be deducted from Contribution Subaccounts in the
following order (i) the Annual Cash Bonus Subaccount; (ii) the Base Salary
Subaccount; and (iii) the Qualified Plan Make-up Subaccount. Within each
Contribution Subaccount, oldest Deferral Year Subaccounts will be depleted
first. If a Participant elects a hardship withdrawal, any on-going deferral will
cease, and the Participant may not again be designated as an Eligible Employee
eligible to make additional deferrals under the Plan until the enrollment period
occurring at the end of the Plan Year following the Plan Year in which the
withdrawal was made.

         6.05. Unscheduled Withdrawals. The Participant shall be permitted to
make certain unscheduled withdrawals as described below:

               (a) Election. A Participant may request in writing to the Vice
President, Human Resources an unscheduled withdrawal of the entire amount
credited to the Participant's Account, including earnings, which will be paid
within 30 days in a single lump sum.

               (b) Withdrawal Penalty. There will be a penalty deducted from the
Account prior to an Unscheduled Withdrawal equal to 10 percent of the
Participant's Account. If a Participant elects such a withdrawal, any on-going
deferral will cease, and the Participant may not again be designated as an
Eligible Employee eligible to make additional deferrals under the Plan until the
enrollment period occurring at the end of the Plan Year following the Plan Year
in which the withdrawal was made.

         6.06. Revocation of Designation as an Eligible Employee. A Participant
whose designation as an Eligible Employee is revoked prior to the Participant's
retirement, death, termination or disability shall not be permitted to continue
to make Deferrals under the Plan subsequent to the date of such revocation.
However, all monies that are in the Participant's subaccounts as of the date of
revocation shall continue to be deferred in such subaccounts until the
Participant's retirement, death, termination or disability.

         6.07. Distribution of Performance-Based Compensation. It is intended
that deferrals of amounts that would have constituted "qualified
performance-based compensation," within the meaning of Code Section 162(m) and
the regulations thereunder, if paid when earned shall continue to constitute
"qualified performance-based compensation" when distributed under this Plan.
Amounts deferred that would not have constituted "qualified performance-based
compensation" if paid when earned shall not constitute "qualified
performance-based compensation" when distributed under this Plan.

                                       12

<PAGE>

                                   SECTION 7.
                   SELECTION OF AND PAYMENTS TO A BENEFICIARY

         7.01. Beneficiary Designation. A Participant shall designate a
Beneficiary on a form provided by the Vice President, Human Resources, or his or
her designee, for the purpose of designating a Beneficiary. If a Participant has
not designated a Beneficiary, or if a designated Beneficiary is not living or in
existence at the time of a Participant's death, any death benefits payable under
the Plan shall be paid to the Participant's Spouse, if then living, and if the
Participant's Spouse is not then living, to the Participant's estate.

         7.02. Change in Beneficiary. A Participant may change the designated
Beneficiary from time to time by filing a new written designation with the Vice
President, Human Resources, or his or her designee. Such designation shall be
effective upon receipt by the Vice President, Human Resources, or his or her
designee.

         7.03. Survivor Benefit. If a Participant dies with an Account balance
under this Plan, his Beneficiary shall be entitled to receive a distribution of
the Participant's Account. The distribution shall be paid in a lump sum within
ninety (90) days following the Participant's death.

                                   SECTION 8.
                               VESTING OF BENEFITS

         A Participant shall be 100 percent vested in his benefits under the
Plan at all times, except as set forth in Sections 9.02 (relating to fractional
share adjustments), 10.03 (relating to the right to accelerate payments) and
11.02 (relating to failure of the Plan to maintain the designated ERISA
exemptions). A Participant shall be treated as an unsecured creditor of the
Company for all benefits under the Plan.

                                   SECTION 9.
                                 TAX WITHHOLDING

         Deferrals hereunder shall be subject to applicable FICA withholding
laws. Benefit payments hereunder shall be subject to applicable federal, state
and local tax withholding laws. A Participant shall be responsible for making
payment to DTE or a participating Affiliated Company, as appropriate, in an
amount equal to the FICA tax or income payroll tax withholdings on the Fair
Market Value of deferrals of or payments made in DTE Stock.

                                   SECTION 10.
                           ADMINISTRATION OF THE PLAN

         10.01. Duties and Power. The Committee shall be the "named fiduciary"
for the Plan responsible for the general operation and administration of the
Plan and the proper execution of

                                       13
<PAGE>

its provisions. It shall have full discretionary authority to interpret the Plan
and to determine the response to all questions arising from its provisions. It
shall maintain all necessary books of accounts and records. It shall have the
full discretionary power and authority to establish, interpret, enforce, amend,
and revoke, from time to time, such rules and regulations for the administration
of the Plan and the conduct of its business as it deems appropriate, including
the right to remedy ambiguities, inconsistencies and omissions. Any action that
the Committee is required or authorized to take shall be final and binding upon
each and every person who is or may become a Plan Participant or Beneficiary.
The Committee may delegate its authority to administer the Plan.

         10.02. Benefit Statements. The Committee, or its designee, will provide
each Participant with a quarterly statement setting forth the Participant's
Account balance, and the amount allocated to each Contribution Subaccount.

         10.03. Right to Accelerate. The Board in its sole discretion may
accelerate all vested benefits upon termination of the Plan, and pay such
benefits in a single lump sum. If the Internal Revenue Service or the Committee
determines that any amounts in Participants' Accounts are currently taxable, the
Committee may direct immediate payment of all or some Plan benefits in a single
lump sum or to take any other action it deems appropriate. In addition,
Participant's terminating employment with an Account balance of less than
$10,000 shall receive such benefits in a single lump sum regardless of the
distribution elections stated in their Deferral Election(s).

                                   SECTION 11.
                     AMENDMENT, SUSPENSION, AND TERMINATION

         11.01. Right to Amend or Terminate. The Plan may be amended, modified
or terminated by the Board at any time. Such amendment, modification or
termination may modify or eliminate any benefit hereunder except that such
amendment, modification or termination shall not affect the rights of
Participants or Beneficiaries to the vested portion of a Participant's Account
as of the date of such amendment or termination.

         11.02. Right to Suspend. If the Board of Directors determines that
payments under the Plan would have a material adverse affect on the Company's
ability to carry on its business, the Board of Directors may suspend such
payments temporarily for such time as in its sole discretion it deems advisable,
but in no event for a period in excess of one year. The Company shall pay such
suspended payments in a lump sum immediately upon the expiration of the period
of suspension.

         11.03. Partial ERISA Exemption. The Plan is intended to provide
benefits for "a select group of management or highly compensated employees"
within the meaning of sections 201, 301 and 401 of ERISA, and therefore to be
exempt from sections 2, 3 and 4 of Title I of ERISA. Accordingly, the Plan shall
terminate and existing Account balances shall be paid in a single lump-sum and
no further benefits, vested or non-vested, shall be paid hereunder in the event
it is

                                       14
<PAGE>

determined by a court of competent jurisdiction or by an opinion of counsel that
the Plan constitutes an employee pension benefit plan within the meaning of
section 3(2) of ERISA which is not so exempt.

                                   SECTION 12.
                                  MISCELLANEOUS

         12.01. Unfunded Plan. The Plan shall be unfunded within the meaning of
sections 201(2), 301(a)(3) and 401(a)(1) ERISA. All benefits payable under the
Plan shall be paid from the Company's general assets. The Company shall not be
required to set aside or hold in trust any funds for the benefit of a
Participant or Beneficiary, each of whom shall have the status of a general
unsecured creditor with respect to the Company's obligation to make benefit
payments pursuant to the Plan. Any assets of the Company available to pay Plan
benefits shall be subject to the claims of the Company's general creditors and
may be used by the Company in its sole discretion for any purpose.

         12.02. No Right to Continued Employment. Nothing in the Plan shall
create or be construed as a contract between the Company or an Affiliated
Company and employees for any matter including giving any person employed by the
Company or an Affiliated Company the right to be retained in the Company's or an
Affiliated Company's employ. The Company and each Affiliated Company expressly
reserve the right to dismiss any person at any time, with or without cause,
without liability for the effect that such dismissal might have upon him as a
Participant in the Plan or for any other purpose.

         12.03. Prohibition Against Alienation. Except as otherwise provided in
the Plan, no right or benefit under the Plan shall be subject in any manner to
anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, or
charge, and any attempt to so anticipate, alienate, sell, transfer, assign,
pledge, encumber, or charge the same shall be void. No such right or benefit
shall be liable for or subject to the debts, contracts, liabilities,
engagements, or torts of the person entitled to such right or benefit.

         12.04. Savings Clause. If any provision of this Plan is held by a court
of competent jurisdiction to be invalid or unenforceable, such invalidity or
unenforceability shall not affect any other provision and the remaining
provisions hereof shall continue to be construed and enforced as if the invalid
or unenforceable provision had not been included.

         12.05. Payment of Benefit of Incompetent. In the event the Committee
finds that a Participant, former Participant or Beneficiary is unable to care
for his affairs because of his minority, illness, accident, or other reason, any
benefits payable hereunder may, unless other claim has been made therefor by a
duly appointed guardian, committee or other legal representative, be paid to a
spouse, child, parent, or other blood relative or dependent or to any person
found by the Committee to have incurred expenses for the support and maintenance
of

                                       15
<PAGE>

such Participant, former Participant, or Beneficiary; and any such payments so
made shall be a complete discharge of all liability therefor.

         12.06. Spouse's Interest. The interest in the benefits hereunder of a
Spouse who has predeceased the Participant shall automatically pass to the
Participant and shall not be transferable by such Spouse in any manner
including, but not limited to, such Spouse's will, nor shall such interest pass
under the laws of intestate succession.

         12.07. Successors. In the event of any consolidation, merger,
acquisition or reorganization of the Company, the obligations of the Company and
Participating Affiliated Companies under this Plan shall continue and be binding
upon the Company, Participating Affiliated Companies and its successors.

         12.08. Gender, Number and Heading. Whenever any words are used herein
in the masculine gender, they shall be construed as though they were also used
in the feminine gender in all cases where they would so apply. Whenever any
words used herein are in the singular form, they shall be construed as though
they were also used in the plural form in all cases where they would so apply.
Headings of sections and subsections as used herein are inserted solely for
convenience and reference and constitute no part of the Plan.

         12.09. Legal Fees and Expenses. The Company shall pay all reasonable
legal fees and expenses that a Participant may incur as a result of the Company
contesting the validity, enforceability, or the Participant's interpretation of,
or determinations under this Plan, other than Hardship Withdrawals under Section
6.04, Unscheduled Withdrawals under Section 6.05, and tax withholding under
Section 9.01.

         12.10. Choice of Law. This Plan shall be governed by and construed in
accordance with the laws of the State of Michigan, other than its choice-of-law
rules, to the extent not superseded by applicable federal statues or
regulations.

         12.11. Affiliated Employees. Transfers of employment between Affiliated
Companies and the Company or other Affiliated Companies will be treated as
continuous and uninterrupted service under the Plan.

         12.12. Plan Document. This Plan document provides the final and
exclusive statement of the terms of the Plan. Unless otherwise authorized by the
Board or its delegate, no amendment or modification to this Plan shall be
effective until reduced to writing and adopted pursuant to Section 11.01. This
document legally governs the operation of the Plan, and any claim of right or
entitlement under the Plan shall be determined solely in accordance with its
provisions. To the extent that there are any inconsistencies between the terms
of any related materials and the terms of this document, the terms of this
document shall control and govern the operation of the Plan. No other evidence,
whether written or oral, shall be taken into account in determining the right of
an Eligible Employee, a Participant, or Beneficiary, as applicable, to any
benefit of any type provided under the Plan.

                                       16
<PAGE>

                                  SECTION 13.
                                  ARBITRATION

         In the event of any dispute, claim, or controversy (hereinafter
referred to as a "Grievance") between a Participant who is eligible to elect to
receive the benefits provided under this Plan and the Company with respect to
the payment of benefits to such Participant under this Plan, the computation of
benefits under this Plan, or any of the terms and conditions of this Plan, such
Grievance shall be resolved by arbitration in accordance with this Section 13.

               (a) Arbitration shall be the sole and exclusive remedy to redress
any Grievance.

               (b) The arbitration decision shall be final and binding, and a
judgment on the arbitration award may be entered in any court of competent
jurisdiction and enforcement may be had according to its terms.

               (c) The arbitration shall be conducted by the American
Arbitration Association in accordance with the Commercial Arbitration Rules of
the American Arbitration Association and reasonable expenses of the arbitrators
and the American Arbitration Association shall be borne by the Company.

               (d) The place of the arbitration shall be the offices of the
American Arbitration Association in the Detroit, Michigan Metropolitan area.

               (e) The arbitrator(s) shall not have the jurisdiction or
authority to change any of the provisions of this Plan by alteration of,
addition to, or subtraction from the terms thereof. The arbitrator(s)' sole
authority shall be to apply any terms and conditions of this Plan. Since
arbitration is the exclusive remedy with respect to any Grievance, no
Participant eligible to receive benefits provided under this Plan has the right
to resort to any federal court, state court, local court, or administrative
agency concerning breaches of any terms and provisions hereunder, and the
decision of the arbitrator(s) shall be a complete defense to any suit, action,
or proceeding instituted in any federal court, state court, local court, or
administrative agency by such employee or the Company with respect to any
Grievance which is arbitrable as herein set forth.

               (f) The arbitration provisions shall, with respect to any
Grievance, survive the termination of this Plan.

                                   SECTION 14.
                          CHANGE IN CONTROL PROVISIONS

         14.01. General. In the event of a Change in Control, as defined in
Section 14.06, then, notwithstanding any other provision of the Plan, the
provisions of this Section 14 shall be applicable and shall supersede any
conflicting provisions of the Plan.

                                       17
<PAGE>

         14.02. Transfer to Rabbi Trust. The Company shall establish a trust
(the "Rabbi Trust") that is intended to be an unfunded arrangement and not
affect the status of the Plan as an unfunded arrangement for purposes of Title I
of ERISA. The terms of the Rabbi Trust shall provide that, within seven (7) days
of a Change in Control assets shall be transferred to the Rabbi Trust in (i) an
amount equal to each Participant's Account balance as of the date of the Change
in Control, plus (ii) in the case of each Participant for whom no Pension Plan
Make-Up described in Section 4.04(b) has been credited to his or her Qualified
Plan Make-Up Subaccount on or before the date of the Change in Control, an
amount equal to the Pension Plan Make-Up to which each such Participant would be
entitled on his or her Normal Retirement Date under each applicable Pension
Plan, assuming service through his or her Normal Retirement Date under the
applicable Pension Plan and assuming annual Base Salary increases for the
Participant of 5%, all as determined by the Company's Actuaries; plus (iii) an
amount deemed necessary to pay estimated Rabbi Trust administrative expenses for
the following five (5) years, as determined by the Company's Accountants. Assets
transferred in accordance with the preceding sentence shall either be (i) in the
form of shares of the Deemed Investments and/or DTE Stock equal to the number of
shares of each such Deemed Investment and DTE Stock in which the Participant's
Contribution Subaccount is deemed to be invested for bookkeeping purposes on the
date of the Change in Control or (ii) in the form of in cash, in which case an
additional cash transfer shall be made, prior to the initial investment of cash
by the trustee of the Rabbi Trustee in DTE Stock or any Deemed Investment, in an
amount sufficient to permit the trustee of the Rabbi Trust to invest in the
number of shares of each Deemed Investment and DTE Stock in which the
Participant's Contribution Subaccount was deemed to be invested for bookkeeping
purposes on the date of the Change in Control (as adjusted for any subsequent
share splits, consolidations, etc.). The Company and/or an Affiliated Company
shall make all transfers of assets required by the Rabbi Trust in a timely
manner and shall otherwise abide by the terms of the Rabbi Trust.

         14.03. Lump Sum Payments. In connection with a Change in Control or
consummation of a transaction constituting a Change in Control, the Chairman of
DTE Energy Company shall have the absolute discretion to direct that a lump sum
payment be made to a Participant up to the total value of such Participant's
Contribution Subaccounts if such payment will reduce the amount of any potential
excise tax imposed by Code section 4999.

         14.04. Joint and Several Liability. Upon and at all times after a
Change in Control, the liability under the Plan of the Company and each
Affiliated Employer that has adopted the Plan shall be joint and several so that
the Company and each such Affiliated Employer shall each be liable for all
obligations under the Plan to each employee covered by the Plan, regardless of
the corporation by which such employee is employed.

         14.05. Dispute Procedures. In the event that, upon or at any time
subsequent to a Change in Control, a disputed claim for benefits under the Plan
is brought by a Participant or beneficiary, the following additional procedures
shall be applicable:

               (a) Any amount that is not in dispute shall be paid to the
Participant or beneficiary at the time or times provided herein.

                                       18

<PAGE>

               (b) The Company shall advance to such claimant from time to time
such amounts as shall be required to reimburse the claimant for reasonable legal
fees, costs and expenses incurred by such claimant in seeking a judicial
resolution of his or her claim, including reasonable fees, costs and expenses
relating to arbitration.

         14.06. Definition of Change in Control. A "Change in Control" means the
occurrence of any one of the following events:

               (a) individuals who, on December 31, 2001, constitute the Board
(the "Incumbent Directors") cease for any reason to constitute at least a
majority of the Board, provided that any person becoming a director subsequent
to December 31, 2001, whose election or nomination for election was approved by
a vote of at least two-thirds of the Incumbent Directors then on the Board
(either by a specific vote or by approval of the proxy statement of the Company
in which such person is named as a nominee for director, without written
objection to such nomination) shall be an Incumbent Director; provided, however,
that no individual initially elected or nominated as a director of the Company
as a result of an actual or threatened election contest (as such terms are used
in Rule 14a-11 of Regulation 14A promulgated under the Securities Exchange Act
of 1934, as amended (the "Exchange Act")) with respect to directors or as a
result of any other actual or threatened solicitation of proxies [or consents]
by or on behalf of any person other than the Board shall be deemed to be an
Incumbent Director;

               (b) any "person" (as such term is defined in Section 3(a)(9) of
the Exchange Act and as used in Sections 13(d)(3) and 14(d)(2) of the Exchange
Act) is or becomes a "beneficial owner" (as defined in Rule 13d-3 under the
Exchange Act), directly or indirectly, of securities of the Company representing
20% or more of the combined voting power of the Company's then outstanding
securities eligible to vote for the election of the Board (the "Company Voting
Securities"); provided, however, that the event described in this paragraph (b)
shall not be deemed to be a Change in Control by virtue of any of the following
acquisitions: (A) by the Company or any Subsidiary, (B) by any employee benefit
plan (or related trust) sponsored or maintained by the Company or any
Subsidiary, (C) by any underwriter temporarily holding securities pursuant to an
offering of such securities, (D) pursuant to a Non-Qualifying Transaction (as
defined in paragraph (c)), or (E) a transaction (other than one described in (c)
below) in which Company Voting Securities are acquired from the Company, if a
majority of the Incumbent Directors approve a resolution providing expressly
that the acquisition pursuant to this clause (E) does not constitute a Change in
Control under this paragraph (b);

               (c) the consummation of a merger, consolidation, statutory share
exchange or similar form of corporate transaction involving the Company or any
of its Subsidiaries (a "Business Combination") or sale or other disposition of
all or substantially all of the Company's assets to an entity that is not an
affiliate of the Company (a "Sale"), unless immediately following such Business
Combination or Sale: (A) more than 50% of the total voting power of (x) the
corporation resulting from such Business Combination (the "Surviving
Corporation"), or (y) if applicable, the ultimate parent corporation that
directly or indirectly has beneficial ownership of 100% of the voting securities
eligible to elect directors of the Surviving Corporation (the "Parent
Corporation"), is represented by Company Voting Securities that were outstanding
immediately

                                       19
<PAGE>

prior to such Business Combination (or, if applicable, is represented by shares
into which such Company Voting Securities were converted pursuant to such
Business Combination), and such voting power among the holders thereof is in
substantially the same proportion as the voting power of such Company Voting
Securities among the holders thereof immediately prior to the Business
Combination, (B) no person (other than any employee benefit plan (or related
trust) sponsored or maintained by the Surviving Corporation or the Parent
Corporation), is or becomes the beneficial owner, directly or indirectly, of 20%
or more of the total voting power of the outstanding voting securities eligible
to elect directors of the Parent Corporation (or, if there is no Parent
Corporation, the Surviving Corporation) and (C) at least a majority of the
members of the board of directors of the Parent Corporation (or, if there is no
Parent Corporation, the Surviving Corporation) following the consummation of the
Business Combination were Incumbent Directors at the time of the Board's
approval of the execution of the initial agreement providing for such Business
Combination (any Business Combination which satisfies all of the criteria
specified in (A), (B) and (C) above shall be deemed to be a "Non-Qualifying
Transaction"); or

               (d) the stockholders of the Company approve a plan of complete
liquidation or dissolution of the Company.

         Notwithstanding the foregoing, a Change in Control of the Company shall
not be deemed to occur solely because any person acquires beneficial ownership
of more than 20% of the Company Voting Securities as a result of the acquisition
of Company Voting Securities by the Company which reduces the number of Company
Voting Securities outstanding; provided, that if after such acquisition by the
Company such person becomes the beneficial owner of additional Company Voting
Securities that increases the percentage of outstanding Company Voting
Securities beneficially owned by such person, a Change in Control of the Company
shall then occur.

         IN WITNESS WHEREOF, DTE Energy Company has caused this Plan to be
executed as of this 1st day of January 2002.

                                        DTE Energy Company

                                        By: ________________________________
                                        Larry E. Steward
                                        Vice President, Human Resources

                                       20<PAGE>
                                                                   Exhibit 10-46

                               DTE ENERGY COMPANY
                          SUPPLEMENTAL RETIREMENT PLAN

                            EFFECTIVE JANUARY 1, 2002

<PAGE>

                               TABLE OF CONTENTS
<TABLE>
<CAPTION>

Section                                                                                                        Page
-------                                                                                                        ----
<S>                                                                                                            <C>
ARTICLE 1 - TITLE...............................................................................................  1

ARTICLE 2 - DEFINITIONS.........................................................................................  1

ARTICLE 3 - PURPOSE.............................................................................................  2

ARTICLE 4 - EFFECTIVE DATE......................................................................................  2

ARTICLE 5 - ELIGIBILITY.........................................................................................  2

ARTICLE 6 - EMPLOYERS' OBLIGATION...............................................................................  3
         Section 6.1.  General .................................................................................  3
         Section 6.2.  Prior Plan Payment ......................................................................  3

ARTICLE 7 - PAYMENT OF BENEFITS.................................................................................  3
         Section 7.1.  Form and Timing of Payment ..............................................................  3
         Section 7.2.  Increase in Section 415 Limit ...........................................................  5
         Section 7.3.  Recomputation of Plan Benefits Upon Reemployment ........................................  5
         Section 7.4.  Change in Payment Option ................................................................  5
         Section 7.5.  Payments Subject to Golden Parachute Provisions .........................................  5
         Section 7.6.  Transfer to an Affiliated Company .......................................................  6

ARTICLE 8 - BENEFICIARY IN THE EVENT OF DEATH...................................................................  6

ARTICLE 9 - UNFUNDED PLAN.......................................................................................  7

ARTICLE 10 - ARBITRATION........................................................................................  7

ARTICLE 11 - AMENDMENT AND TERMINATION..........................................................................  8

ARTICLE 12 - MISCELLANEOUS......................................................................................  9
                  Section 12.1 Benefits Non-Assignable..........................................................  9
                  Section 12.2 No Employment Rights.............................................................  9
                  Section 12.3 Law Applicable...................................................................  9
                  Section 12.4 Legal Fees and Expenses.......................................................... 10
                  Section 12.5 Successors....................................................................... 10
                  Section 12.6 Savings Clause................................................................... 10
                  Section 12.7 Headings, Gender and Number...................................................... 10

</TABLE>

                                        i
<PAGE>

<TABLE>
<CAPTION>

Section                                                                                                        Page
-------                                                                                                        ----
<S>                                                                                                            <C>
ARTICLE 13 - CHANGE IN CONTROL PROVISIONS....................................................................... 10
                  Section 13.1 General.......................................................................... 10
                  Section 13.2 Transfer to Rabbi Trust.......................................................... 10
                  Section 13.3 Joint and Several Liability...................................................... 11
                  Section 13.4 Dispute Procedures............................................................... 11
                  Section 13.5 Definition of Change in Control.................................................. 11
</TABLE>

                                       ii
<PAGE>

                               DTE ENERGY COMPANY
                          SUPPLEMENTAL RETIREMENT PLAN
                            EFFECTIVE JANUARY 1, 2002

         WHEREAS, Detroit Edison Company ("Edison") previously adopted the
Detroit Edison Retirement Reparation Plan and the Detroit Edison Benefit
Equalization Plan, and MCN Energy Group Inc. ("MCN") previously adopted the MCN
Energy Group Supplemental Retirement Plan and the MCN Energy Group Excess
Benefit Plan, which were adopted by DTE Enterprises, Inc. as of June 1, 2001
(the effective date of the merger), and DTE Energy Company (the "Company")
desires to replace these four plans (collectively, the "Prior Plans").

         NOW, THEREFORE, effective December 31, 2001, the Prior Plans are hereby
terminated and replaced with this plan as of January 1, 2002 as described
herein:

                                    ARTICLE 1
                                      TITLE

          The title of this plan shall be the "DTE Energy Company Supplemental
Retirement Plan" and shall be referred to in this document as the "Plan".

                                    ARTICLE 2
                                   DEFINITIONS

         The words and phrases used in the Plan shall have the same meanings as
provided under the DTE Energy Retirement Plan (the "Qualified Plan"), unless
otherwise defined in the Plan or the context clearly requires otherwise.

<PAGE>

                                    ARTICLE 3
                                     PURPOSE

         The principal purpose of the Plan is to provide for the payment of
certain benefits that would not otherwise be payable under the Qualified Plan.
Such benefits shall be payable to a "select group of management or highly
compensated employees" of the Company and any other corporation which is a
Participating Employer under the Qualified Plan (a "Participant") and also
elects to participate in this Plan.

         It is intended that this Plan provide benefits for a "select group of
management or highly compensated employees" within the meaning of Sections 201,
301 and 401 of ERISA and, therefore, to be exempt from the provisions of Parts
2, 3 and 4 of Title I of ERISA.

                                    ARTICLE 4
                                 EFFECTIVE DATE

         The effective date of the Plan for the Company shall be January 1, 2002
and for any Participating Employer shall be the date established by resolution
of the Board of Directors of the particular Participating Employer at the time
of adoption of the Plan.

                                    ARTICLE 5
                                   ELIGIBILITY

         A Participant of a Participating Employer whose benefits under the
Qualified Plan are limited because of the limitation on compensation under
Section 401(a)(17) of the Code, the limitation on benefits and contributions
under Section 415 of the Code, or any other provision of the Code or other law
that the Committee hereafter designates, shall be eligible for the benefits
provided by this Plan. Also, all employees of Participating Employers who are
participating in the DTE Energy Supplemental Savings Plan may be eligible for
benefits provided by this Plan. Notwithstanding the foregoing, no employee shall
be eligible for benefits provided by this Plan until such employee has satisfied
the eligibility requirements of the Qualified Plan.

                                      2
<PAGE>

                                    ARTICLE 6
                              EMPLOYERS' OBLIGATION

         SECTION 6.1. GENERAL. The Participating Employers shall pay under this
Plan any amount that any eligible employee would have been entitled to receive
under the Qualified Plan but for the limitation on compensation under Section
401(a)(17) of the Code, the limitation on benefits and contributions under
Section 415 of the Code, and any other provision of the Code or other law that
the Committee hereafter designates. Also, the Participating Employers shall pay
under this Plan any amount that any eligible employee would have been entitled
to receive under the Qualified Plan but for the exclusion of deferrals under the
DTE Energy Supplemental Savings Plan from the definition of compensation under
the option of the Qualified Plan applicable to such Participant. The particular
Participating Employer who last employed the Participant with respect to whom
the payment is to be made shall be responsible for making the payments under
this Plan.

         SECTION 6.2. PRIOR PLAN PAYMENTS. If a Participant is in pay status as
of December 31, 2001 under one of the Prior Plans, or has terminated employment
from a Participating Employer prior to January 1, 2002, the amount and method of
payment to such Participant shall continue under the provisions of the
applicable Prior Plan. Such payments shall be made by the particular
Participating Employer who last employed the Participant.

                                    ARTICLE 7
                               PAYMENT OF BENEFITS

         SECTION 7.1. FORM AND TIMING OF PAYMENT. On the date that a Participant
becomes entitled to a distribution of his or her vested accrued benefit under
the provisions of the Qualified Plan applicable to the Participant ("Termination
Date"), such Participant shall be entitled to receive the vested benefit
provided under the Plan.

         (a) Form of Payment. As of the end of the quarter in which his or her
Termination Date occurs, the Participant's Plan benefit shall be present-valued
in accordance with the methodology set forth in the Qualified Plan for a Cash
Balance Plan Participant or non-Cash Balance Plan

                                       3
<PAGE>

Participant, as applicable, using an interest rate equal to the average interest
rate of ten-year U.S. Treasury Notes for the September of the calendar year
prior to the Participant's Termination Date, or such other rate as set by the
Committee (the "Plan Interest Rate"). Payment of a Participant's Plan benefit
shall be made in cash in accordance with the Participant's selection on his or
her Distribution Election Form either (1) as a joint and 100% survivor annuity
for Participants who are married as of the Participant's Termination Date, (2)
as a single life annuity for Participants who are single as of the Participant's
Termination Date, or (3) in annual payments over a period not less than one year
and not more than 15 years by the Employer in Article 6. If a Participant has
not elected a payment option while he or she is actively employed by the Company
or a Participating Employer, distribution shall be made as a joint and 100%
survivor annuity for Participants who are married as of the Participant's
Termination Date and as a single life annuity for Participants who are single as
of the Participant's Termination Date.

         (b) Timing of Payment. A lump sum distribution shall be made as of
March 1 following the Termination Date or, if earlier, March 1 following the end
of the Plan Year in which the Participant's employment terminated for any reason
other than death. If a Participant has elected to receive his or her
distribution in annual installments, the first installment shall be made as of
March 1 following the Participant's Termination Date or, if earlier, March 1
following the end of the Plan Year in which the Participant's employment
terminated for any reason other than death. All subsequent annual installments
shall be made on approximately the same date each calendar year thereafter for
the remainder of the distribution period. The amount of any annual payments
shall be calculated to pay out over the specified period the Participant's Plan
benefit as of his or her Termination Date with interest credited annually on the
declining balance at the Plan Interest Rate. The amount of the annual payments
to the Participant shall be adjusted at the end of the quarter in which the
anniversary of the Participant's Termination Date occurs to reflect changes in
the Plan Interest Rate.

         (c) Distribution of Small Amounts. Notwithstanding a Participant's
payment option, if a Participant's Plan benefit is less than or equal to $10,000
as of any March 1 payment date, the Participant's Plan benefit balance shall be
paid in a single lump sum.

                                       4
<PAGE>

         SECTION 7.2. INCREASE IN SECTION 415 LIMIT. If a Participant has
elected to receive an Annuity under the Qualified Plan and such Annuity is
increased subsequent to the Participant's Termination Date due to an increase in
the Code Section 415 limit, the Participant's Plan Benefit shall be adjusted
accordingly on a prospective basis.

         SECTION 7.3. RECOMPUTATION OF PLAN BENEFITS UPON REEMPLOYMENT. If a
Participant entitled to a distribution under the Qualified Plan receives all or
part of his or her Plan benefit and is thereafter reemployed, such Participant's
Plan benefit shall be recalculated upon the Participant's subsequent termination
of employment. Plan payments shall cease upon reemployment. If a Participant's
recalculated Plan benefit results in an additional payment to the Participant,
such additional payment shall be made in accordance with Section 7.1. If such
Participant's recalculated Plan benefit shows that the Participant's Plan
benefit has been overpaid, the Participant shall be required to make restitution
to the Company, within a period of twelve months of such rehire, in an amount
equal to such overpayment, plus interest at the Plan Interest Rate.

         SECTION 7.4. CHANGE IN PAYMENT OPTION. The payment option selected by a
Participant may be changed at any time while he or she is actively employed by
the Company or a Participating Employer by the Participant submitting a new
payment selection to the Committee.

         SECTION 7.5. PAYMENTS SUBJECT TO GOLDEN PARACHUTE PROVISIONS.
Notwithstanding the above, if payment at the time specified in the first
sentence of this Article 7, Section 7.1 would subject the Participant to the
excise tax under Section 4999 of the Code, at the discretion of the Company or
Participating Employer, as applicable, payment of the Participant's Plan benefit
shall be deferred until the earlier of (a) the date that would have been the
Participant's Normal Retirement Date, Early Retirement Date or Disability
Retirement Date, (b) death of the Participant, or (c) total and permanent
disability or legally established mental incompetency of the Participant.

         SECTION 7.6. TRANSFER TO AN AFFILIATED COMPANY. Benefits for a
Participant who transfers employment from one Employer to an Affiliated Company
shall be subject to the transfer

                                       5
<PAGE>

provisions of the Qualified Plan. Such a transfer of employment shall cause a
transfer of the Plan benefit maintained by a Participating Employer for a
Participant, if the new Employer has adopted the Plan, and the former Employer
transfers cash to the new Employer equal to the amount of the benefit
transferred. In all other events, a transfer of employment shall not cause a
transfer of the benefit maintained by an Employer for a Participant.

                                    ARTICLE 8
                        BENEFICIARY IN THE EVENT OF DEATH

         Each Participant shall have the right to designate a beneficiary or
beneficiaries to receive any distribution to be made under Article 7 upon the
death of such Participant, or, in the case of a Participant who dies subsequent
to termination of his or her employment but prior to the distribution of the
entire amount to which the Participant is entitled under the Plan, any
undistributed balance to which such Participant would have been entitled. Each
Participant shall also have the right to designate a contingent beneficiary in
the event any of the primary beneficiaries predecease the Participant or die
prior to complete disbursement of the Participant's account.

         If no beneficiary has been named by a Participant at the time of the
Participant's death, or if the beneficiary designated by the Participant has
predeceased the Participant, or such designated beneficiary has died prior to
complete disbursement of the Participant's benefit, and the Participant has
failed to name a contingent beneficiary, the value of the Participant's benefit,
or the undistributed portion thereof, shall be paid by the Employer to the
Participant's spouse, if then living, and if the Participant's spouse is not
then living, to the Participant's estate in a lump sum as soon as practicable,
but in no event later than one year following the Participant's death.

                                   ARTICLE 9
                                  UNFUNDED PLAN

         The Plan shall be unfunded within the meaning of sections 201(2),
301(a)(3) and 401(a)(1) ERISA. All benefits payable under the Plan shall be paid
from the general assets of the Company or a Participating Employer, as
applicable. The Company and any Participating Employer shall not

                                       6
<PAGE>

be required to set aside or hold in trust any funds for the benefit of a
Participant or beneficiary, each of whom shall have the status of a general
unsecured creditor with respect to the Company's or Participating Employer's
obligation to make benefit payments pursuant to the Plan. Any assets of the
Company or a Participating Employer available to pay Plan benefits shall be
subject to the claims of the general creditors of the Company and the
Participating Employer and may be used by the Company and Participating Employer
in their sole discretion for any purpose.

                                   ARTICLE 10
                                  ARBITRATION

         In the event of any dispute, claim, or controversy (hereinafter
referred to as a "Grievance") between a Participant (or beneficiary) and the
Company with respect to the payment of benefits to such Participant or
beneficiary under this Plan, the computation of benefits under this Plan, or any
of the terms and conditions of this Plan, such Grievance shall be resolved by
arbitration in accordance with this Section 10.2.

                  (a) Arbitration shall be the sole and exclusive remedy to
         redress any Grievance.

                  (b) The arbitration decision shall be final and binding, and a
         judgment on the arbitration award may be entered in any court of
         competent jurisdiction and enforcement may be had according to its
         terms.
                  (c) The arbitration shall be conducted by the American
         Arbitration Association in accordance with the Commercial Arbitration
         Rules of the American Arbitration Association, and reasonable expenses
         of the arbitrators and the American Arbitration Association shall be
         borne by the Company.

                  (d) The place of the arbitration shall be the offices of the
         American Arbitration Association in the Detroit, Michigan Metropolitan
         area.

                                       7
<PAGE>

                  (e) The arbitrator(s) shall not have the jurisdiction or
         authority to change any of the provisions of this Plan by alteration
         of, addition to, or subtraction from the terms thereof. The
         arbitrator(s)' sole authority shall be to apply any terms and
         conditions of this Plan. Because arbitration is the exclusive remedy
         with respect to any Grievance, no Participant eligible to receive
         benefits provided under this Plan has the right to resort to any
         federal court, state court, local court, or administrative agency
         concerning breaches of any terms and provisions hereunder, and the
         decision of the arbitrator(s) shall be a complete defense to any suit,
         action, or proceeding instituted in any federal court, state court,
         local court, or administrative agency by such Participant or the
         Company with respect to any Grievance which is arbitrable as herein set
         forth.

                  (f) The arbitration provisions shall, with respect to any
         Grievance, survive the termination of this Plan.

                                   ARTICLE 11
                            AMENDMENT AND TERMINATION

         The Plan shall be administered by the Committee appointed pursuant to
the provisions of the Qualified Plan. The Committee shall have the same powers
and duties, and shall be subject to the same limitations, as are described in
the Qualified Plan.

         The Company may amend or terminate the Plan at any time and for any
reason. The power to amend or modify the Plan shall rest solely with the
Committee. No such amendment or termination shall affect the rights of
Participants or beneficiaries to the vested portion of amounts credited to
Participants' benefits as of the date of such amendment or termination. In the
event of a termination of the Plan, each Participant's benefit shall be fully
vested.

                                       8
<PAGE>

                                   ARTICLE 12
                                  MISCELLANEOUS

          SECTION 12.1. BENEFITS NON-ASSIGNABLE. Except as otherwise provided in
the Plan, no right or benefit under the Plan shall be subject in any manner to
anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, or
charge, and any attempt to so anticipate, alienate, sell, transfer, assign,
pledge, encumber, or charge the same shall be void. No such right or benefit
shall be liable for or subject to the debts, contracts, liabilities,
engagements, or torts of the person entitled to such right or benefit.

         SECTION 12.2. NO EMPLOYMENT RIGHTS. Nothing contained in the Plan and
no action taken pursuant to the provisions of the Plan shall be construed as a
contract of employment between a Participant and the Company or a Participating
Employer, or as a right of any Participant to be continued in the employment of
the Company or a Participating Employer, or as a limitation of the right of the
Company or a Participating Employer to discharge any Participant at any time,
with or without cause, or as a limitation of the right of the Participant to
terminate employment at any time.

         SECTION 12.3. LAW APPLICABLE. To the extent not preempted by federal
law, this Plan and all actions hereunder shall be governed by and construed
according to the laws of the State of Michigan.

         SECTION 12.4. LEGAL FEES AND EXPENSES. The Company shall pay all
reasonable legal fees and expenses that any Participant may incur as a result of
the Company contesting the validity, enforceability, or such Participant's
interpretation of, or determinations under this Plan.

         SECTION 12.5. SUCCESSORS. In the event of any consolidation, merger,
acquisition or reorganization of the Company, the obligations of the Company
under this Plan shall continue and be binding upon the Company and its
successors.

         SECTION 12.6. SAVINGS CLAUSE. If any provision of this Plan is held by
a court of competent jurisdiction to be invalid or unenforceable, such
invalidity or unenforceability shall

                                       9

<PAGE>

not affect any other provision and the remaining provisions hereof shall
continue to be construed and enforced as if the invalid or unenforceable
provision had not been included.

         SECTION 12.7. GENDER, NUMBER AND HEADING. Whenever any words are used
herein in the masculine gender, they shall be construed as though they were also
used in the feminine gender in all cases where they would so apply. Whenever any
words used herein are in the singular form, they shall be construed as though
they were also used in the plural form in all cases where they would so apply.
Headings of sections and subsections as used herein are inserted solely for
convenience and reference and constitute no part of the Plan.

                                   ARTICLE 13
                          CHANGE IN CONTROL PROVISIONS

         SECTION 13.1. GENERAL. In the event of a Change in Control, as defined
in Section 13.5, notwithstanding any other provision of the Plan, the provisions
of this Article 13 shall be applicable and shall supersede any conflicting
provisions of the Plan.

         SECTION 13.2. TRANSFER TO RABBI TRUST. The Company shall establish a
trust (the "Rabbi Trust") that is intended to be an unfunded arrangement which
shall not affect the status of the Plan as an unfunded arrangement for purposes
of Title I of ERISA. The terms of the Rabbi Trust shall provide that, within
seven (7) days of a Change in Control, assets shall be transferred to the Rabbi
Trust in (i) an amount as of the date of the Change in Control equal to each
Participant's assumed benefit under the Plan as of the Participant's Normal
Retirement Date, assuming annual Base Salary increases for the Participant of
5%, all as determined by the Company Actuaries; plus (ii) an amount deemed
necessary to pay estimated Rabbi Trust administrative expenses for the following
five (5) years, as determined by the Company's Accountants. Assets transferred
in accordance with the preceding sentence shall be in the form of cash. The
Company and/or a Participating Employer shall make all transfers of assets
required by the Rabbi Trust in a timely manner and shall otherwise abide by the
terms of the Rabbi Trust.

                                       10
<PAGE>

         SECTION 13.3. JOINT AND SEVERAL LIABILITY. Upon and at all times after
a Change in Control, the liability under the Plan of the Company and each
Participating Employer that has adopted the Plan shall be joint and several, so
that the Company and each such Participating Employer shall each be liable for
all obligations under the Plan to each Participant covered by the Plan,
regardless of the corporation by which such Participant is employed.

         SECTION 13.4. DISPUTE PROCEDURES. In the event that, upon or at any
time subsequent to a Change in Control, a disputed claim for benefits under the
Plan is brought by a Participant or beneficiary, the following additional
procedures shall be applicable:

              (a) Any amount that is not in dispute shall be paid to the
Participant or beneficiary at the time or times provided herein.

              (b) The Company shall advance to such claimant from time to time
such amounts as shall be required to reimburse the claimant for reasonable legal
fees, costs and expenses incurred by such claimant in seeking a resolution of
his or her claim,including reasonable fees, costs and expenses relating to
arbitration.

         SECTION 13.5. DEFINITION OF CHANGE IN CONTROL. A "Change in Control"
means the occurrence of any one of the following events:

              (a) individuals who, on December 31, 2001, constitute the Board
(the "Incumbent Directors") cease for any reason to constitute at least a
majority of the Board, provided that any person becoming a director subsequent
to December 31, 2001, whose election or nomination for election was approved by
a vote of at least two-thirds of the Incumbent Directors then on the Board
(either by a specific vote or by approval of the proxy statement of the Company
in which such person is named as a nominee for director, without written
objection to such nomination) shall be an Incumbent Director; provided, however,
that no individual initially elected or nominated as a director of the Company
as a result of an actual or threatened election contest (as such terms are used
in Rule 14a-11 of Regulation 14A promulgated under the Securities Exchange Act
of 1934, as amended (the "Exchange Act")) with respect to directors or

                                       11
<PAGE>

as a result of any other actual or threatened solicitation of proxies [or
consents] by or on behalf of any person other than the Board shall be deemed to
be an Incumbent Director;

              (b) any "person" (as such term is defined in Section 3(a)(9) of
the Exchange Act and as used in Sections 13(d)(3) and 14(d)(2) of the Exchange
Act) is or becomes a "beneficial owner" (as defined in Rule 13d-3 under the
Exchange Act), directly or indirectly, of securities of the Company representing
20% or more of the combined voting power of the Company's then outstanding
securities eligible to vote for the election of the Board (the "Company Voting
Securities"); provided, however, that the event described in this paragraph (b)
shall not be deemed to be a Change in Control by virtue of any of the following
acquisitions: (A) by the Company or any Subsidiary, (B) by any employee benefit
plan (or related trust) sponsored or maintained by the Company or any
Subsidiary, (C) by any underwriter temporarily holding securities pursuant to an
offering of such securities, (D) pursuant to a Non-Qualifying Transaction (as
defined in paragraph (c)), or (E) a transaction (other than one described in (c)
below) in which Company Voting Securities are acquired from the Company, if a
majority of the Incumbent Directors approve a resolution providing expressly
that the acquisition pursuant to this clause (E) does not constitute a Change in
Control under this paragraph (b);

              (c) the consummation of a merger, consolidation, statutory share
exchange or similar form of corporate transaction involving the Company or any
of its Subsidiaries (a "Business Combination") or sale or other disposition of
all or substantially all of the Company's assets to an entity that is not an
affiliate of the Company (a "Sale"), unless immediately following such Business
Combination or Sale: (A) more than 50% of the total voting power of (x) the
corporation resulting from such Business Combination (the "Surviving
Corporation"), or (y) if applicable, the ultimate parent corporation that
directly or indirectly has beneficial ownership of 100% of the voting securities
eligible to elect directors of the Surviving Corporation (the "Parent
Corporation"), is represented by Company Voting Securities that were outstanding
immediately prior to such Business Combination (or, if applicable, is
represented by shares into which such Company Voting Securities were converted
pursuant to such Business Combination), and such voting power among the holders
thereof is in substantially the same proportion as the voting

                                       12
<PAGE>
power of such Company Voting Securities among the holders thereof immediately
prior to the Business Combination, (B) no person (other than any employee
benefit plan (or related trust) sponsored or maintained by the Surviving
Corporation or the Parent Corporation), is or becomes the beneficial owner,
directly or indirectly, of 20% or more of the total voting power of the
outstanding voting securities eligible to elect directors of the Parent
Corporation (or, if there is no Parent Corporation, the Surviving Corporation)
and (C) at least a majority of the members of the board of directors of the
Parent Corporation (or, if there is no Parent Corporation, the Surviving
Corporation) following the consummation of the Business Combination were
Incumbent Directors at the time of the Board's approval of the execution of the
initial agreement providing for such Business Combination (any Business
Combination which satisfies all of the criteria specified in (A), (B) and (C)
above shall be deemed to be a "Non-Qualifying Transaction"); or

              (d) the stockholders of the Company approve a plan of complete
liquidation or dissolution of the Company.

         Notwithstanding the foregoing, a Change in Control of the Company shall
not be deemed to occur solely because any person acquires beneficial ownership
of more than 20% of the Company Voting Securities as a result of the acquisition
of Company Voting Securities by the Company which reduces the number of Company
Voting Securities outstanding; provided, that if after such acquisition by the
Company such person becomes the beneficial owner of additional Company Voting
Securities that increases the percentage of outstanding Company Voting
Securities beneficially owned by such person, a Change in Control of the Company
shall then occur.

         IN WITNESS WHEREOF, the undersigned official of the Company has
executed this Plan as of this 1st day of January 2002.

                                        DTE ENERGY COMPANY

                                        By: ________________________________
                                            Larry E. Steward
                                            Vice President, Human Resources

                                       13
<PAGE>

                               DTE ENERGY COMPANY
                          SUPPLEMENTAL RETIREMENT PLAN

                           DISTRIBUTION ELECTION FORM

<TABLE>
<S>                                                     <C>                                             <C>
====================================================================================================================================
Employee Name (Print)                                   Social Security No.                             I. D. Number

------------------------------------------------------------------------------------------------------------------------------------
Address (Number/Street)                                 City                             State          Zip Code

===================================================================================================================================

In accordance with the terms of the DTE Energy Company Supplemental Retirement Plan ("Plan"), which is hereby incorporated by
reference, I hereby accept and agree to all the provisions of the Plan.

Benefit Distribution Election

I hereby elect to have my benefit under the Plan distributed to me in the manner
specified below:

  [ ]    A joint and 100% survivor annuity if I am married as of my Termination Date, or as a single life annuity if I am single as
         my Termination Date.

  [ ]    Payment in annual installments over _____ years (in one-year increments, not to exceed 15 years).

Such payments shall begin as of the March 1 following my termination date. Any annual payments will be made as of the March 1 of
such subsequent years.

I understand that if I have not made a benefit distribution election while I am actively employed by the Company or a Participating
Employer, that my distribution under this Plan will be made as a joint and 100% survivor annuity if I am married as of my
Termination Date, or as a single life annuity if I am single as my Termination Date.

====================================================================================================================================
Employee Signature                                                                  Date

------------------------------------------------------------------------------------------------------------------------------------

Receipt Acknowledged By                    Title                                    Date

====================================================================================================================================

</TABLE>

<PAGE>

                                   DTE ENERGY

                          SUPPLEMENTAL RETIREMENT PLAN

                           Frequently Asked Questions

The principal purpose of the DTE Energy Supplemental Retirement Plan (the
"Plan") is to provide an additional retirement benefit for a select group of
management or highly compensated Employees of DTE Energy Company (the "Company")
and Participating Employers. To be eligible to participate in the Plan, an
Employee must meet the eligibility requirements under the Qualified Plan and
have his or her benefit under the Qualified Plan limited by the Internal Revenue
Code of 1986, as amended (the "Code").

1.  HOW AND WHEN DOES AN EMPLOYEE BECOME A PARTICIPANT?

    An Employee who is eligible to participate becomes a participant in the Plan
    (a "Participant") automatically when his or her Qualified Plan benefit is
    limited by the Code. These Code limitations include a limit on the amount of
    compensation that may be used in calculating a benefit under a qualified
    plan ($200,000 in 2002) and a limit on the amount of annual benefit that may
    be paid from a qualified plan ($160,000 in 2002).

2.  HOW IS A PARTICIPANT'S BENEFIT UNDER THE PLAN DETERMINED?

    For a Participant whose benefit is calculated under the traditional
    provisions of the Qualified Plan, the benefit under the Plan is computed
    when the Participant leaves the Company. The benefit under the Plan is
    generally not definitely determinable until that time due to the use of
    final average pay and years of service in the benefit computation under the
    Qualified Plan. The Plan benefit will be calculated as the difference
    between what a Participant would have received from the Qualified Plan if
    there were no Code limitations and the benefit the Participant actually will
    receive from the Qualified Plan.

         Example: Upon termination, it is determined that a Participant's
         Qualified Plan annual benefit would be $185,000 if there were no Code
         limitations. Because of the Code limitations, only $160,000 can be paid
         from the Qualified Plan and $25,000 ($185,000 - $160,000) must be paid
         from the Plan. However, this calculation will not be made or known
         until the Participant terminates employment and all of the information
         necessary to calculate the benefit under the Qualified Plan is known.

    For a Participant whose benefit is calculated under the cash balance
    provisions of the Qualified Plan, the benefit under the Plan is computed
    annually when the employer contribution credit is calculated. The benefit
    under the Plan is generally determinable at the end of each year.

         Example: A Participant has compensation of $225,000 for a plan year.
         The employer contribution credit under the cash balance provisions of
         the Qualified Plan for that year may only be calculated on $200,000.
         Therefore, an employer contribution credit is calculated on $25,000
         ($225,000 - $200,000) and credited under the Plan at the end of the
         year.
<PAGE>
3.  HOW MUCH MAY A PARTICIPANT CONTRIBUTE TO THE PLAN?

    The Plan does not permit Participant contributions.

4.  HOW MUCH DOES THE COMPANY CONTRIBUTE TO THE PLAN?

    The Company pays the full benefit calculated under the Plan. The Plan
    benefit is equal to the difference between the benefit a Participant would
    have received under the Qualified Plan if the Participant had not been
    limited by certain provisions of the Code, and the amount that the
    Participant actually receives from the Qualified Plan.

5.  WHAT ARE THE VESTING PROVISIONS OF THE PLAN?

    The vesting provisions follow the schedule in the Qualified Plan. Therefore,
    a Participant will be fully vested in his or her Plan benefit after 5 years
    of service.

6.  MAY A PARTICIPANT TAKE A WITHDRAWAL FROM THE PLAN?

    Withdrawals prior to normal distribution of the Plan benefit are not
    permitted.

7.  IF A PARTICIPANT RETIRES OR OTHERWISE TERMINATES EMPLOYMENT, WILL THE
    PARTICIPANT'S BENEFIT UNDER THE PLAN BE DISTRIBUTED?

    A Participant will become entitled to receive a full distribution of his or
    her vested benefit under the Plan upon termination of employment.

    In the event of death, the distribution will be paid to the Participant's
    spouse or other designated beneficiary. In the event of legally established
    mental incompetency, a distribution, on behalf of the Participant, will be
    made to the legal representative of the Participant.

8.  IN WHAT FORM WILL DISTRIBUTIONS FROM THE PLAN BE MADE TO THE PARTICIPANT?

    Distributions from the Plan will be paid in cash.

9.  WHEN WILL I RECEIVE A DISTRIBUTION FROM THE PLAN?

    You will be entitled to a distribution when you are entitled to receive a
    distribution from the Qualified Plan. You may choose to take your
    distribution as a joint and 100% survivor annuity (if you are married), a
    single life annuity (if you are single), or in annual payments from one to
    15 years. The payments will be made on March 1 following the date you are
    entitled to receive a distribution from the Qualified Plan (whether you take
    such distribution or not). All subsequent payments will be on each March 1
    thereafter.

                                       2
<PAGE>
10. WHAT HAPPENS IF I DON'T MAKE A DISTRIBUTION ELECTION?

    If you do not make a distribution election, payments from the Plan will be
    made as a joint and 100% survivor annuity for Participants who are married
    as of the Participant's Termination Date and as a single life annuity for
    Participants who are single as of the Participant's Termination Date.

11. WHO PAYS THE COST OF ADMINISTERING THE PLAN?

    The Employers pay 100% of the recordkeeping and Trustee expenses.

12. HOW IS A PARTICIPANT TAXED ON PLAN BENEFITS?

    If you are a Participant whose benefit is calculated under the traditional
    provisions of the Qualified Plan, when you terminate or retire, your total
    benefit under the Plan will be present valued and the total present value
    will be taxable for FICA purposes. You will not be taxed on your Plan
    benefits for income tax purposes until you receive a distribution from the
    Plan. When a distribution is paid, it will be subject to reporting on a Form
    W-2 and federal, state and local income tax will be withheld.

    If you are a Participant whose benefit is calculated under the cash balance
    provisions of the Qualified Plan, you will be taxed on the amount of the
    employer contribution credit to the Plan in the year credited to your
    account for FICA purposes only. You will not be taxed on your Plan benefits
    for income tax purposes until you receive a distribution from the Plan. When
    the distribution is paid, it will be subject to reporting on a Form W-2 and
    federal, state and local income tax will be withheld.

13. MAY A PARTICIPANT ASSIGN RIGHTS AND INTEREST UNDER THE PLAN?

    Except in the case of death or legally established mental incompetency,
    benefits payable under the Plan may not be assigned, sold, transferred,
    pledged or encumbered and any such attempts shall not be recognized.

14. CAN THE PLAN BE AMENDED, TERMINATED OR DISCONTINUED?

    The Company may amend or terminate the Plan at any time and for any reason.
    No such amendment or termination shall affect the rights of Participants or
    beneficiaries to the vested portion of amounts credited to Participants'
    accounts as of the date of such amendment or termination.

15. IF I HAVE ANY QUESTIONS, WHO CAN I CALL?

    Please call Bill Eisengruber, Compensation and Benefits, at 313-235-7339
    with any questions.

                                       3

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