Document:

Action of the Meeting of Board of Directors
             of VarTech Systems Inc. Held on November 1, 1999

Pursuant to La. R.S. 12:81C(9), and in lieu of a meeting of Board of Directors
for such purposes, the undersigned, being all of the Directors of this
corporation, do hereby take and authorize by unanimous written consent the
following action as hereinafter set forth:

AUTHORIZATION OF STOCK OPTIONS:

RESOLVED, that C. Wayne Prater, President of this corporation, be authorized to
extend stock purchase options for the shares of this corporation to employees
or affiliates of this corporation in recognition of work well done, or as an
inducement to future good work, at his sole discretion, including to himself,
on such terms and conditions as he deems appropriate, so long as no one employee
shall receive options for in excess of 200,000 shares in any given year without
further board approval.

IN WITNESS WHEREOF, this action has been signed by each director of the
corporation on the date indicated below, and this action shall be filed with
or otherwise entered on the minutes or other appropriate records of this
corporation.

Date:  November 1, 2000                /s/ C. Wayne Prater
                                      C. Wayne Prater, Director

Date:  November 1, 2000                /s/ Brent Hedges
                                      Brent Hedges, Director

Date:  November 1, 2000                /s/ J. Keith Henderson
                                      J. Keith Henderson, Director

Date:  November 1, 2000                /s/ Daniel S. Gould
                                      Daniel S. Gould, Director

Date:  November 1, 2000                /s/ Michele L. Prater
                                      Michele l. Prater, Director

<PAGE>DATE GRANTED

EMPLOYEE NAME
EMPLOYEE ADDRESS

Re:  Employment Related Stock Options, VarTech Systems Inc.
     and EMPLOYEE NAME, Social Security No. ______________

Dear EMPLOYEE NAME:

In accordance with the authority given to me by the Board of Directors of
VarTech Systems Inc., I am pleased to advise you that as a result of your
fine work with the company, you are hereby granted the option to purchase
up to ________ shares of the authorized common stock of VarTech Systems Inc.
upon the terms and conditions as set forth herein.

The purchase price for shares of stock purchased pursuant to this option shall
be $_____ per share.  You may exercise these options commencing ___________ for
a period of ___ years from that date.  Any option not exercised within that
period shall be expired.

To exercise the options provided herein, you shall be required to give written
notice of such exercise to the company by personal delivery to the Mr. Brent
Hedges, Treasurer, or his successor.  The notice of exercise shall state the
number of shares to be purchased.  The notice shall be accompanied by payment,
by certified funds, of the option price for each option so exercised.  The
company shall then cause a timely issuance of certificates representing the
shares so purchased through its transfer agent for delivery to you.

The company looks forward to a long and mutually profitable relationship
concerning your employment.

Sincerely yours,

C. Wayne Prater, President and CEO

cc:  Brent Hedges, Treasurer

<PAGE>Directors' Compensation Plan

EXHIBIT 10.2
AUTOZONE, INC.

SECOND

AMENDED AND RESTATED

DIRECTOR COMPENSATION PLAN

SECTION 1. PURPOSE.

        This Director Compensation Plan
(this "Plan") is established to allow the Non-Employee Directors of AutoZone,
Inc. ("AutoZone") to participate in the ownership of AutoZone through ownership
of shares of AutoZone Common Stocks or units representing the right to
receive shares of AutoZone Common Stock. In addition, the Plan is intended
to allow AutoZone's Non-Employee Directors to defer all or a portion of
their compensation for their service as directors of AutoZone.
SECTION 2. DEFINITIONS.

        As used herein, the following
words shall have the definitions given them below:
               
"Affiliate" means any corporation, company limited by shares, partnership,
limited liability company, business trust, other entity, or other business
association that is controlled by AutoZone.

               
"Board" means the Board of Directors of AutoZone.

               
"Business Day" means on a day which AutoZone's executive offices in Memphis,
Tennessee are open for business and on which trading is conducted on the
New York Stock Exchange.

               
"Common Stock" means the Common Stock, $0.01 par value per share, of AutoZone.

               
"Compensation Date" means the first Business Day of each Plan Quarter.

               
"Deferral Account" means an account established upon the conversion of
a Unit Account by a Director and maintained in the Special Ledger for such
Director to which cash equivalent amounts allocable to the Director under
this Plan are credited.

               
"Director" means any member of the Board who is not an employee or officer
of AutoZone or an Affiliate.

               
"Fair Market Value" means, as to any particular day, the average of the
highest and lowest prices quoted for a share of Common Stock trading on
the New York Stock Exchange on that day, or if no such prices were quoted
for the shares of Common Stock on the New York Stock Exchange for that
day for any reason, the average of the highest and lowest prices quoted
on the last Business Day on which prices were quoted. The highest and lowest
prices for the shares of Common Stock shall be those published in the edition
of The Wall Street Journal or any successor publication for the next Business
Day.

               
"Fee" means the amount of compensation (including, without limitation,
annual Director fees and meeting fees) set by the Board from time to time
as payable to a Director in each Plan Year on the terms and subject to
the conditions stated in this Plan, subject to reduction for any portion
thereof that a Director elects to defer as provided in this Plan.

               
"First Component" means the portion of the Fee payable to a Director that
accounts for at least one-half of the Fee and that is payable in Shares
and may be deferred by crediting Units to a Unit Account maintained for
the Director.

               
"Plan Quarter" the three month period beginning each September 1, December
1, March 1, and June 1.

               
"Interest Rate" means the annual rate at which interest is deemed to accrue
on the amounts credited in a Deferral Account for a Director. The Interest
Rate shall be set by the Board or a committee of the Board and may be changed
from time to time as necessary to reflect prevailing interest rates.

               
"Plan Year" means each 12-month period beginning September 1 of each year.

               
"Second Component" means the balance, if any of the Fee (after reduction
for the First Component) payable to a Director in cash.

               
"Shares" means shares of Common Stock.

               
"Special Ledger" means a record established and maintained by AutoZone
in which the Deferral Accounts and Unit Accounts for the Directors, if
any, and the Units and/or amounts credited to the accounts, are noted.

               
"Termination Date" means the date on which a Director ceases to be a member
of the Board.

               
"Unit Account" shall mean the account maintained in the Special Ledger
for a Director to which Units allocable to the Director under this Plan
are credited.

               
"Unit" means a credit in a Director Unit Account representing one share.

SECTION 3. ANNUAL FEE.

        During each Plan Year in which
a person is a Director and is entitled to receive the Fee during the existence
of the Plan, the Director will be eligible to receive the Fee payable as
follows:
        At lease one-half of the
Fee shall be and, at the Directors' option, up to the full amount of the
Fee (defined above as the "First Component") will be (1) payable to the
Director in Shares, or (2) at the Director's option, deferred by having
AutoZone credit Units to a Unit Account maintained for the Director as
provided in this Plan.
 
        The balance of the Fee (defined
above as the "Second Component"), if any, shall be payable to the Director
in cash.
                 
The Fee will be payable in advance in equal quarterly installments on each
Compensation Date unless deferred as provided herein. Each quarterly installment
will consist of one-fourth of the First Component and one- fourth of the
Second Component, if any, for each Director.
 

SECTION 4. ELECTIONS.
          With respect to
each Plan Year, each Director who was a Director during the prior Plan
Year must elect by no later than August 31 of the prior Plan Year how he
or she will receive the Fee for the Plan Year; provided, however, that
with respect to the initial partial Plan Year beginning March 17, 1998
(the "1998 Plan Year"), each Director who was a Director during the prior
Plan Year must elect by no later than April 15, 1998 how he or she will
receive the Fee for the remainder of the 1998 Plan Year. Each Director
who becomes a Director during a Plan Year must elect within 30 days after
becoming a Director how he or she will receive the Fee for such Plan Year.
Each election must be made by the Director filing an election form with
the Secretary of AutoZone. If a Director does not file an election form
for each Plan Year by the specified date the Director will be deemed to
have elected to receive and defer the Fee in the manner elected by the
Director in his or her last valid election or, if there had been no prior
election, will be deemed to have elected to receive all of the Fee in Shares.
Any election to defer a portion of the Fee made by a person who becomes
a Director during a Plan Year will be valid as to the portion of the Fee
received after the election is filed with the Secretary of AutoZone. When
an election is made for a Plan Year, the Director may not revoke or change
that election with respect to such Plan Year.
SECTION 5. THE SHARES.
          If a Director elects
to receive Shares in payment of all or any part of the Director's Fee,
the number of Shares to be issued on any Compensation Date shall be a whole
number of shares nearest to one-fourth of the amount of the Fee to be paid
in Shares for the Plan Year divided by the Fair Market Value of a Share
on the Compensation Date. Any Shares issued under this Plan will be registered
under the Securities Act of 1933, as amended, and, so long as shares of
the Common Stock are listed for trading on the New York Stock Exchange,
will be listed for trading on the New York Stock Exchange.
SECTION 6. THE UNITS.

          If a Director defers
any portion of the Fee in the form of Units, then on each Compensation
Date, AutoZone will credit a Unit Account maintained for the Director with
a number of Units (rounded to the nearest one-tenth) equal to (1) one-fourth
of the dollar amount of the Fee that the Director has elected to defer
in the form of Units for the Plan Year divided by (2) the Fair Market Value
of a Share on the Compensation Date. If the Common Stock is the subject
of a stock dividend, stock split, or a reverse stock split, the number
of Units will be increased or decreased, as the case may be, in the same
proportion as the outstanding shares of Common Stock. AutoZone will credit
to the Director's Unit Account on the date any dividend is paid on the
Common Stock, an additional number of Units equal to (i) the aggregate
amount of the dividend that would be paid on a number of Shares equal to
the number of Units credited to the Director's Unit Account on the date
the dividend is paid divided by (ii) the Fair Market Value of a Share on
that date.
SECTION 7. DISTRIBUTION OF THE AMOUNTS IN A UNIT ACCOUNT.

          Upon the Termination
Date for a former Director, such former Director shall be entitled to receive
that whole number of Shares nearest to the number of Units with which the
former Director's Unit Account is credited. Subject to Section 11 hereof,
the former Director may elect to receive such Shares in any one of the
following forms:
          (a) a single
lump-sum issuable as soon as practicable after the Termination Date; or

          (b) a single
lump-sum issuable as soon as practicable after the fifth anniversary of
the Termination Date; or

          (c) a single
lump-sum issuable as soon as practicable after the tenth anniversary of
the Termination Date; or

          (d) two (2) equal
installments, one of which shall be issuable as soon as practicable after
the fifth anniversary of the Termination Date and the other of which shall
be issuable as soon as practicable after the tenth anniversary of the Termination
Date, as provided below.

          If the former
Director has elected to receive the Shares in the manner set forth in (d)
above (i.e., in two equal installments), one-half of the Shares credited
to the Unit Account as of the Termination Date will be issued to the former
Director for each installment plus additional Shares equal to the Units
credited to the Unit Account respecting dividends paid on the Common Stock
since the prior installment was made (or, in the case of the first installment,
since the Termination Date).

SECTION 8. CONVERSION OF UNIT ACCOUNT.

          A Director who has
a Unit Account may convert all (but not less than all) of the Unit Account
into a Deferral Account, provided that such Director delivers notice to
AutoZone of such election to convert at least 12 full months prior to the
Director's Termination Date. The cash amount to be credited to the Director's
Deferral Account upon the conversion shall equal (i) the number of Units
credited to his or her Unit Account so converted multiplied by (ii) the
Fair Market Value of a Share on the date of the Director's election to
convert.
          Any election
to convert must be made on a form prescribed by AutoZone and filed with
its Secretary. The conversion of a Unit Account or a Deferral Account shall
be deemed to occur on the date of the Director's election, except that,
unless the Board provides otherwise, any portion of a Unit Account granted
within six months of the date of election shall be converted to a Deferral
Account six months and one day from the date in which the Units representing
such portion were credited to the Unit Account.

          A Deferral Account
shall accrue interest from the effective date of conversion at the Interest
Rate, accrued and compounded quarterly.

SECTION 9. DISTRIBUTION OF THE AMOUNTS IN A DEFERRAL ACCOUNT.

          Upon the Termination
Date for a former Director, such former Director shall be entitled to receive
an amount of cash equal to the amount with which the former Director's
Deferral Account is credited. Subject to Section 11 hereof, the former
Director may elect to receive such cash in any one of the following forms:
          (a) a single
lump-sum payable as soon as practicable after the Termination Date; or

          (b) a single
lump-sum payable as soon as practicable after the fifth anniversary of
the Termination Date; or

          (c) a single
lump-sum payable as soon as practicable after the tenth anniversary of
the Termination Date; or

          (d) two (2) equal
installments, one of which shall be payable as soon as practicable after
the fifth anniversary of the Termination Date and the other of which shall
be payable as soon as practicable after the tenth anniversary of the Termination
Date, as provided below.

          If the former
Director has elected to receive the cash in the manner set forth in (d)
above (i.e., in two equal installments), one-half of the amount credited
to the Deferral Account as of the Termination Date will be paid in each
installment, along with the additional amount credited to the Deferral
Amount as interest (at the Interest Rate) since the prior installment was
paid (or, in the case of the first installment, since the Termination Date).

SECTION 10. DISTRIBUTION IN THE EVENT OF A DIRECTOR'S DEATH.

          Each Director who
defers any part of the Fee payable to him or her in any Plan Year may designate
one or more beneficiaries of the Director's Unit Account (or, if applicable,
the Director's Deferral Account) which may be changed from time to time
upon written notice to AutoZone. The designation of a beneficiary must
be made by filing with AutoZone's Secretary a form prescribed by AutoZone.
If no designation of a beneficiary is made, any deferred benefits under
this Plan will be paid to the Director's or former Director's estate. If
a Director dies while in office or a former Director dies during the installment
payment period, AutoZone will issue the Shares that are issuable (or if
applicable, pay the amounts of cash that are payable) to the Director or
former Director in the manner set forth in the most recent timely election
filed by such Director or former Director, or if no such election has been
filed, in a single lump-sum as soon as practicable after the death of the
Director or the former Director.
          SECTION 11. TIMING
OF ELECTION TO RECEIVE DEFERRED BENEFITS IN INSTALLMENTS.

          If a Director
desires to have his Unit Account and/or Deferral Account distributed in
installments as provided in Section 7(d) or Section 9(d) hereof, the election
to receive payments in installments must be delivered to the Secretary
of AutoZone at least 12 full months prior to the Director's Termination
Date. Any such election delivered by the Director within the 12-month period
ending on the Director's Termination Date shall be of no force or effect.
If a Director has filed more than one timely election, the most recent
such election shall govern and all prior elections shall be superseded
and shall be of no force or effect.

SECTION 12. HOLDING PERIOD

          Notwithstanding
anything contained herein, unless the Board provides otherwise, (i) no
Shares issued hereunder may be sold, assigned or otherwise transferred
until at least six months and one day have elapsed from the date on which
such Shares were issued, and (ii) no right or interest of a Director or
a former Director in Units credited his or her Unit Account hereunder (including
Units credited to such Unit Account respecting dividends paid on the Common
Stock) shall be sold, assigned or otherwise transferred until at least
six months and one day have elapsed from the date on which such Units were
credited to such Unit Account, except by will or in accordance with the
laws of decent and distribution.
SECTION 13. HARDSHIP WITHDRAWALS.

          Prior to the complete
distribution of a Director's Unit Account and/or Deferral Account, such
Director may request a withdrawal of any portion of his or her Unit Account
or Deferral Account in an amount sufficient to meet a "hardship." For purposes
of this Plan, "hardship" shall mean a demonstrated and severe financial
hardship resulting from any one or more of the following: (i) sudden or
unexpected illness or accident of the Director or of a dependent (as defined
in Section 152(a) of the Internal Revenue Code of 1986, as amended) of
the Director, (ii) a loss of the Director's property due to casualty, or
(iii) any other similar extraordinary and unforeseeable circumstances arising
as a result of events beyond the Director's control; in each case only
to the extent that the hardship is not relieved (a) through reimbursement
or compensation by insurance or otherwise, (b) by liquidation of the Director's
assets (to the extent that such liquidation does not itself cause a "hardship"),
or (c) by cessation of deferrals under the Plan. The Board, in its sole
and absolute discretion, shall determine the existence of a bona fide hardship
based on non-discriminatory procedures, taking into account any then applicable
rulings or regulations from the Internal Revenue Service. The standards
established by the Board for determining the existence of hardship shall
be uniformly applied to all Directors who request such a withdrawal and
the Board's decision with respect to each such request shall be final.
          An approved hardship
withdrawal shall be paid to the Director in cash as soon as practicable
after the approval. In the event that part or all of the withdrawal is
to be made from a Unit Account, a number of Units equal to (i) the amount
of the hardship withdrawal required to be made from the Unit Account, divided
by (ii) the Fair Market Value of a Share on the date of approval, shall
be converted into cash and paid to the Director as provided herein, and
the balance of the Unit Account shall be reduced accordingly.

SECTION 14. WITHHOLDING FOR TAXES.

          AutoZone will withhold
the amount of cash and Shares necessary to satisfy AutoZone's obligation
to withhold federal, state, and local income and other taxes on any benefits
received by the Director, the former Director or a beneficiary under this
Plan
SECTION 15. NO TRANSFER OF RIGHTS UNDER THE PLAN.

          A Director or former
Director shall not have the right to transfer, grant any security interest
in or otherwise encumber rights he or she may have under this Plan, any
Deferral Account or any Unit Account maintained for the Director or former
Director or any interest therein. No right or interest of a Director or
a former Director in a Deferral Account or a Unit Account shall be subject
to any forced or involuntary disposition or to any charge, liability, or
obligation of the Director or former Director, whether as the direct or
indirect result of any action of the Director or former Director or any
action taken in any proceeding, including any proceeding under any bankruptcy
or other creditors' rights law. Any action attempting to effect any transaction
of that type shall be null, void, and without effect.
SECTION 16. UNFUNDED PLAN.

          This Plan will be
unfunded for federal tax purposes. The Deferral Accounts and the Unit Accounts
are entries in the Special Ledger only and are merely a promise to make
payments in the future. AutoZone's obligations under this Plan are unsecured,
general contractual obligations of AutoZone.
SECTION 17. AMENDMENT AND TERMINATION OF THE PLAN.

          The Board may amend
or terminate this Plan at any time. An amendment or the termination of
this Plan will not adversely affect the right of a Director, former Director,
or Beneficiary to receive Shares issuable or cash payable at the effective
date of the amendment or termination or any rights that a Director, former
Director, or a Beneficiary has in any Deferral Account or Unit Account
at the effective date of the amendment or termination. If the Plan is terminated,
however, AutoZone may, at its option, accelerate the payment of all deferred
and other benefits payable under this Plan.
SECTION 18. GOVERNING LAW.

          This Plan shall
be administered, interpreted and enforced under the internal laws of the
State of Nevada without regard to the conflicts of law rules thereof. AutoZone
has the right to interpret this Plan, and any interpretation by AutoZone
shall be conclusive as to the meaning of this Plan.
SECTION 19. SHARES SUBJECT TO THE PLAN.

          AutoZone shall reserve
70,000 Shares for issuance under the Plan. All Shares issuable under the
Plan shall be treasury shares of Common Stock. No Plan participant shall
have any of the rights or privileges of a stockholder of the Company in
respect to any of the Shares unless and until certificates representing
such Shares have been issued by the Company.
SECTION 20. EFFECTIVE DATE.

          The effective date
of this Plan shall be March 17, 1998. This Plan was last amended and restated
effective June 6, 2000.

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